On November 19, 2024, Barter, a company specializing in decentralized finance (DeFi) solutions, announced it has secured $3 million in a seed funding round led by Maven 11.

Co-founder Nikita Ovchinnik expressed enthusiasm about the funding, noting it will significantly accelerate Barter's mission to enhance DeFi trading and solidify their market presence.

The seed round also attracted additional investors, including Lattice, Anagram, Heartcore, DCG, and Daedalus Angels.

Founded in 2023, Barter focuses on matching and settling on-chain trades, with plans to expand its team and improve its DeFi tool, AppChain, which connects liquidity and order flow.

Currently, Barter facilitates around $20 million in daily transactions across various Ethereum Virtual Machine (EVM) compatible blockchains.