Introduction
In a strategic move to enhance the decentralized finance (DeFi) landscape, the integration of IntoTheBlock, a platform specializing in DeFi analysis, and Trident Digital, a provider of liquidity services, has given rise to a new entity called Sentora.
Funding and Support
The merger has successfully secured $25 million in initial funding, spearheaded by New Form Capital, alongside contributions from Ripple, Tribe Capital, UDHC, and Joint Effects. Additionally, the initiative has garnered support from a variety of strategic investors including Curved Ventures, Flare, and Bankai Ventures.
Leadership and Vision
Scheduled to operate under the leadership of Anthony DeMartino, who co-founded Trident and previously directed risk strategy at Coinbase, Sentora is poised to deliver comprehensive on-chain financial solutions targeted at institutional investors.
The company intends to address challenges faced in navigating the multi-chain environment by merging IntoTheBlock’s extensive DeFi analytical capabilities, representing over $3 billion in institutional-grade data, with Trident’s liquidity infrastructure.
Mission and Goals
With a vision to overcome the fragmentation often seen in multi-chain protocol operations, Sentora plans to create a combined interface that facilitates easier access and interactions.
“Our mission is to develop core infrastructure that empowers decentralized autonomous organizations (DAOs), family offices, and other institutions to engage with DeFi securely,”
emphasized Jesus Rodriguez, the Chief Technology Officer.
