Frax Finance develops a fractional cryptocurrency protocol and fractional stablecoin designed to create scalable, decentralized money as an alternative to fixed-supply digital assets. Its coins are partially backed by collateral and stabilized by on-chain algorithms, enabling an open-source, permissionless stablecoin implemented on the Ethereum blockchain. The company also introduced a crypto-native price index known as the Frax Price Index.
Anzen creates decentralized finance infrastructure powering the first private credit backed stablecoin
Curvance
Seed Round in 2023
Curvance operates a decentralized finance platform facilitating cross-chain lending for yield-bearing ERC-20 tokens. It supports multiple Ethereum-based networks, aiming to become the primary money market for these assets.
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