Reserve protocol raised $4 M in a Seed Round round on 2018-07-31.

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According to media reports, Reserve protocol raised $4 M in a Seed Round round on 2018-07-31.the investors in this funding round include BlockTower Capital,Digital Currency Group,NGC Ventures,GSR Ventures,PreAngel and others. Following this round, Reserve protocol's total funding reached $9 M.
The Reserve Protocol is a decentralized stablecoin platform that aggregates tokenized assets to create a fully decentralized stable cryptocurrency (RTokens). The ultimate goal of the Reserve Protocol is to provide an alternative to fiat currency. In January 2024, Reserve announced the establishment of two new companies, ABcLabs and Confusion Capital, with the former focusing on the development and promotion of the Reserve Protocol and the latter focusing on the development of the ecosystem.

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RSR Fundraising History
RoundAmountValuationTimeInvestor(s)
Seed Round$4 M--2018-07-31BlockTower Capital,Digital Currency Group,NGC Ventures,GSR Ventures,PreAngel
Key Milestones
  • 2022-10-10
    Reserve announces partnership with privacy payment project MobileCoin to launch stablecoin eUSD
  • 2019-05
    $RSR was live for trading
  • 2018-12-28
    Reserve protocol raised $ 2 M in Private round
  • 2018-08-01
    Reserve protocol raised $ 4.96 M in Seed round
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