• 34ºc, Sunny

MEV execution platform Mevvy completes $2.80 million seed round, led by Multicoin Capital

On January 30th, MEV execution platform Mevvy announced the completion of a $2.80 million seed round of financing, led by Multicoin Capital, Chapter One Ventures, Hypersphere and a number of strategic angel investors participated. Investors include Ondo founder Nathan Allman, Pendle founder TN Lee, Ethena founder Guy Young, Axelar founder Georgios Vlachos, and Sei Network's Jeffrey Feng and Jay Jog. Mevvy is dedicated to simplifying the technical complexity of blockchain transaction ordering and execution, making MEV (Maximum Extractable Value) more accessible to traders. Mevvy plans to use this round of financing for product development, chain scaling, and strategic partnerships with DeFi protocols.