Ukrainian-founded crypto startup Arkis raises $2.25M to fuel DeFi adoption

London-based crypto startup with Ukrainian roots Arkis has raised a fresh $2.25 million investment led by American gumi Cryptos Capital. The round was also joined by the Ukrainian VC fund Roosh Ventures, as well as G1 Ventures and Psalion VC. The company told AIN.Capital the details of the deal.

  • Arkis was founded by Ukrainians Serhii Tyshchenko and Oleksandr Proskurin in 2022. Currently it is located in London. The company operates in the DeFi (decentralized finance) market and allows its clients to raise funds for on-chain cryptocurrency operations.
  • Arkis’ algorithm classifies and values assets by type, which allows users to take a loan, carry out a transaction and return borrowed funds based on a margin mechanism. The startup believes that its infrastructure will increase the efficiency of the use of capital in DeFi and accelerate the development of the field of decentralized finance.
  • Recently, the company announced a strategic partnership with Edge Capital and an integration with 1inch to improve liquidity aggregation.

We want to use blockchain technology to revolutionize the way cross-margin is calculated, providing even greater capital efficiency compared to traditional finance. At the same time, we maintain control over security and risk management,

Oleksandr Proskurin, one of the co-founders, said.

Arkis has been conducting private beta transactions since October 2023 and is set for public launch this month. The firm is focused on Ethereum, aiming to expand into a multi-chain solution that would include Arbitrum and Polygon in the future.