Persistence One

About

Protocol Powering Institutional Decentralized Finance

Singapore,Central Region,Singapore
11 - 50
https://persistence.one

Highlights

Details

Last Funding Type: Seed
Industries: Cryptocurrency,Finance,Financial Services,FinTech,Software
Founded date: Jan 1, 2019
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Persistence Technologies Pte. Ltd.
Also Known As: Persistence

Persistence facilitates the borrowing of Cryptoassets (Stablecoins) using real-world assets such as invoices as collateral. This bridges Decentralised Finance and traditional finance and uses the features of Decentralised Finance to solve real-world financing problems.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$3.70M

Persistence One has raised a total of $3.70M in funding over 2 rounds. Their latest funding was raised on Oct 13, 2020 from a Initial Coin Offering round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 13, 2020	Initial Coin Offering	$3.70M	5	Arrington XRP Capital	—	Detail
Sep 5, 2020	Initial Coin Offering	—	1	—	—	Detail
Aug 23, 2020	Funding Round	—	2	—	—	Detail
May 19, 2020	Seed	—	1	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

9

Persistence One is funded by 9 investors. Arrington XRP Capital and Alameda Research are the most recent investors.

Investor Name	Lead Investor	Funding Round
Arrington XRP Capital	Yes	Initial Coin Offering
Alameda Research	—	Initial Coin Offering
AU21 Capital	—	Initial Coin Offering
Terra	—	Initial Coin Offering
ZBS CAPITAL	—	Initial Coin Offering
IOSG Ventures	—	Initial Coin Offering
Megala Ventures	—	Funding Round
TRGC	—	Funding Round
LedgerPrime	—	Seed