ORO, a DeFi execution platform previously known as Oroswap, has announced the completion of a $3 million strategic financing round. MH Ventures and Mapleblock Capital led the round, while M2M Capital, Archer Capital, x21 Digital, BlockRise, Zerone Venture, Beenco Labs, Velion Venture, Disrupt.com and ZIGChain joined as participants. Odaily reported the news. The platform turns natural-language instructions into on-chain operations. That means a user can describe what they want to do and the platform executes the relevant blockchain transactions. Supported operations include token swaps, staking, lending, cross-chain bridging and management of assets across multiple protocols. This setup lets ORO act as a single execution layer for DeFi tasks. The project was formerly branded as Oroswap and now runs under the ORO name. Disclosed investors for the round comprise two lead investors and nine additional backers. The strategic round adds capital to ORO as it continues to build out its execution-focused product.
DeFi execution platform ORO, formerly known as Oroswap, has raised $3 million in a strategic financing round. MH Ventures and Mapleblock Capital led the investment, according to the announcement. The round also drew participation from M2M Capital, Archer Capital, x21 Digital, BlockRise, Zerone Venture, Beenco Labs, Velion Venture, Disrupt.com and ZIGChain.
Product focus
ORO positions itself as an execution layer for decentralized finance. The platform turns natural-language instructions into on-chain operations, supporting token swaps, staking, lending, cross-chain bridging and multi-protocol asset management. The project previously operated under the name Oroswap before rebranding to ORO.
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