On-chain liquidity protocol for decentralized exchange
Bancor is a crypto company that develops an on-chain liquidity protocol on the Ethereum network. They allow users to exchange tokens via smart-contracts without requiring to match each order. It is quite popular as one of the decentralized exchange protocols with easy to use UI. Bancor was founded in 2016 and headquartered in Zug, Switzerland.
Their investors include major key players such as KR1, Asian Cowboy, Alexis Berthoud, Blockchain Capital, and Iconiz. Through their initial coin offering and seed round, Bancor raised over $100M. Bancor team consists of experts in the industry, alongside with three advisors who give suggestions to Bancor development.