The Matrixswap team is proud and pleased to welcome Petrock Capital among its early investors and strategic partners. The goal of the collaboration is to bootstrap the community and bolster engagement with a niche focus in specific areas.
Petrock Capital has a reputation for being one of the top DeFi VC firms in the world. Located in Singapore, Petrock Capital invests in purposeful and useful applications on Layer 1 blockchains with an emphasis on Solana, Polkadot, and Cardano.
“Petrock Capital and their team connects all of the dots when it comes to a strategic partnership. As we like to make sure every investor we bring onboard will bring a positive impact to the project and its vision. We’re already witnessing a great level of enthusiasm and help with this partnership.”
Joseph Liu, Founder of Matrixswap.
About Petrock Capital
PetRock Capital is a venture capital firm based in Singapore with a laser focus on building a multichain future. The firm invests in purposeful applications on Layer 1 blockchains, with an emphasis on the Solana ecosystem. PetRock Capital is founded by individuals from Goldman Sachs, Boston Consulting Group, PwC, and Aura Group. On top of their collective knowledge from investment banking to management consulting, the team also comes with years of experience and a network of key relationships in the blockchain space.
PetRock Capital delivers unrivaled quality for its portfolio projects beyond capital injections and is known for on-the-ground partnerships formed with its investment projects. In 2021, PetRock Capital has invested in over 20 projects, with notable ones including Raydium Protocol, Genesis Shards, Babylon Finance, Star Atlas, and Konomi Network.
Follow Petrock Capital
Matrixswap is a fully decentralized virtual-AMM-based perpetual swaps trading protocol deployed on the Polkadot and the Cardano blockchains. Unlike traditional AMMs, users can long or short any assets’ perpetual contracts with up to 25x leverage. While most decentralized derivative trading platforms face liquidity concerns, the Matrixswap vAMM offers infinite on-chain liquidity. A funding rate mechanism is incorporated to ensure MarkPrice closely tracks IndexPrice. Matrixswap aims to be a fully community-owned and governed Defi protocol in the long run.