Set Protocol

Trading · Investments
Set Protocol header

Set Protocol

Trading · Investments

A Protocol for Tokenized Assets

United States, San Francisco
$2M
Total amount raised
2017
Year of establishment
Active
Status

About

Hi we’re Set Protocol!


We present a protocol (“Set”) that facilitates the creation, issuance, redemption, and rebalancing of fungible, collateralized baskets of tokenized assets (“Set tokens” or “Sets”). The protocol employs an off-chain order relay and on-chain settlement in which users can issue new Sets that utilizes liquidity from decentralized exchanges. Users who desire to track an index or have their portfolios automatically
updated can subscribe to a Rebalancing Set Token. The protocol is open, non-rent seeking, and aims to utilize decentralized governance.

Key objective

Empowering the open financial system through simplicity and accessibility

Use cases

Asset Management
Algo-Trading
Centralized Exchanges
Trading Analytics

Team

Team members

Felix Feng Chief Executive Officer

Responsibilities

Investor at Turing Capital. Previously at Radius and 21.co. BS from UC Berkeley

Inje Yeo Chief Procurement Officer

Responsibilities

Lead Engineer at Airbnb. MS from Stanford & BS from UC Berkeley

Products

Funding

Received funding
$2,000,000
Total amount raised
1
Rounds
12
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$2,000,000
Seed
Andrew Lee
Craft Ventures
Erik Ford
GMO VenturePartners
Haystack
Kindred Ventures
Matt Ocko
Pascal Levy-Garboua
Scott Belsky
Social Capital
Threshold
VY Capital

News

New Index From DeFi Pulse and Set Protocol Offers Easy Access to 10 DeFi Tokens in 1

Data company DeFi Pulse and investment-minded Set Protocol have created a permissionless index of the very best DeFi tokens, called the DeFiPulse Index.


8 months ago


Product update/release
Set Protocol

Meet Set Social Trading: Toward a New Kind of Social Crypto Native on Ethereum

If you’re unfamiliar with Set Protocol, it’s an innovative decentralized finance project worth putting on your radar. Why? It powers the creation of Sets, “smart basket” portfolio tokens that can rebalance their underlying assets, e.g. tokens representing ether (ETH) and bitcoin (BTC), both automatically per a given trading strategy and on a rolling, trustless basis. [...]


a year ago


Opinion
Ethereum
Set Protocol
Bitcoin
BTC

Set Protocol launches social trading platform on Ethereum to connect users and expert traders

Set Protocol has released its social trading platform, which aims to connect users with high-profile individuals who are looking to monetize their market expertise. 


a year ago


General news
Set Protocol
Ethereum

Rising Crypto Adoption Hints at Growing DeFi Opportunities

Breaking crypto usage down geographically has revealed some interesting trends. Countries that should have been high up were nowhere to be found and some unexpected ones were big into crypto, according to these results anyway. They could be new markets for DeFi. South America Dominates Crypto Research by a Statista survey has revealed that the top countries for crypto ownership and usage may not be as expected. SET Protocol CEO Felix Feng took a look...


a year ago


Research
Set Protocol