Sommelier Finance
SOMM
Sommelier, Move your DeFi assets into higher yields faster and cheaper.
Sommelier is a bet that Ethereum will be a dominant player in the global economy. Sommelier consists of the Cosmos Stargate SDK, its Tendermint-based consensus layer and a decentralized, bi-directional Ethereum bridge, managed by a global network of validators.
Liquidity Providers (LPs) will be able to use the Sommelier to author and execute complex, and automated financial transactions, such as portfolio rebalancing, limit orders, batched orders, as well as a host of other features that traders have come to expect from CeFi, but that are not currently available in DeFi.
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Key Info
- 2021 Founded
- 323 Geary St, San Francisco, California, United States
- 18 Employees
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Credibility
LinkedIn Verified
News
- Finance Lobbyists Raise Red Flags on UK Crypto Policy
May 10, 2023 • powered by CryptoPanic
Activity Timeline
- Raisedfrom$3.50M, and Alameda Ventures.
Mar 10, 2021
Team
Investments
Round | Amount Raised | Date | Investors |
---|---|---|---|
Seed | Raised $3,500,000 | Mar 10, 2021 |