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Impossible Finance, the decentralized finance incubator that raised $7 million in June, named OpenSwap as the first project to feature on its DeFi launchpad.
- OpenSwap provides DeFi traders with a single location for accessing liquidity pools from multiple chains among its services.
- Calvin Chu, Impossible Finance core builder, described the IJS Technologies-developed interchain, liquidity booster as a "godsend" thanks to its aggregation facilities.
- Impossible Finance's seed funding round in June was led by institutional investors including CMS Holdings and Alameda Research.
- The protocol launched on BINANCE Smart Chain in May with the goal of building an ecosystem for staking, token swaps and access to liquidity pools as well as becoming an incubator for other projects.
