Omm strategic partner announcement

Omm
3 min readJul 12, 2021

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Read this post on the Omm blog.

We’re excited to announce strategic partners who will be aligned with the long term growth and success of the Omm. In addition to users and active community members, long-term strategic partners are beneficial for the protocol, so we’re pleased to reveal them today.

We’ve partnered with top tier funds such as Hashed, CMS Holdings, and FBG Capital. These funds are very well respected in the industry, which will help Omm build a good reputation in the DeFi space as it strives to become the de facto cross-chain money market. With their expertise and networks in the space, Omm hopes to tap into other geographies, partner with key industry players, and have proactive governance discussions.

Hashed is a global, multi-billion venture fund focused on backing founders pioneering the future of blockchain and cryptocurrency. The team believes that decentralization has the power to transform not only the global economy, but the very fabric of the Internet.

FBG is a well known crypto fund in Asia which has invested in many early stage crypto projects. Its knowledge and connections in the industry will be very useful for Omm to grow globally.

CMS is a principal investment firm focused on crypto trading and investments.

We’ve also partnered with Paul Nattapatsiri & Kevin Lu of Band Protocol (our oracle provider), Andy & Jackson of Synthetix (a leading DeFi protocol), and Rodney. These individuals have a deep understanding of their respective field in the DeFi space based on their day-to-day experience, and we’re excited to have them leverage their experience to suggest the best practices in the industry.

Band Protocol is a cross-chain data oracle platform that aggregates and connects real-world data and APIs to smart contracts, backed by a strong network of stakeholders including Sequoia Capital, one of the top venture capital firms in the world, and the leading cryptocurrency exchange, Binance. With over 61 validators on their decentralized oracle network, BandChain, Band Protocol is the emerging leader for end-to-end customizability and scalability in oracle technology from a large cohort of DeFi leaders to secure billions of dollars in value locked in smart contracts.

Synthetix is the backbone for derivatives trading in DeFi. Their role is to develop a strong governance framework in which the Synthetix DAOs are able to operate autonomously while also serving the best interest of key stakeholders such as the token holders.

Rodney has been in the crypto space since 2017, and has been an early investor and supporter of both DeFi and the ICON ecosystem through his work at Gilga Capital. He went on to join AngelList’s Venture team and now works as a Junior Partner at a large crypto VC fund that will be announced in the coming weeks or months.

We received overwhelming interest from others to become one of Omm’s strategic partners, but we felt that these funds and individuals were best suited to support the growth and success of the protocol. We appreciate all the support thus far, and look forward to even closer collaboration with these strategic partners.

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Omm
Omm

Written by Omm

A money market where anyone can lend and borrow assets, earn interest, and earn OMM for doing so. Coming soon to the ICON Network.

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