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Acala

Acala is a financial services platform on Polkadot that combines automated token swaps, multi-collateral stablecoin issuance, and liquid DOT staking in a single parachain runtime. The platform integrates Acala EVM+, an Ethereum-compatible execution environment that allows smart contracts to interact with native Polkadot and cross-chain assets. Transaction fees can be paid in any token supported by the exchange.
Category: Financial Services Platform

Acala Foundation

Acala Foundation operates Acala Network, a customizable, EVM-compatible appchain designed as a liquidity layer for Web3 finance. Acala provides backend infrastructure and built-in financial tools including the Universal Asset Hub, decentralized exchange, DOT liquid staking, multichain asset routing, staking, governance, and aSEED functionality. It supports developers building Solidity or Substrate applications and runs an ecosystem program providing funding, technical, and growth support to early-stage teams integrating with Acala network and protocols.
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Funding Rounds

Funding Round: Ecosystem Foundation raise
Funding Date: 25 Mar, 2022
Raised Amount: $250M
Funding Round: Public Sale
Funding Date: 1 Sep, 2021
Raised Amount: $93M
Funding Round: Series A
Funding Date: 1 Aug, 2020
Raised Amount: $7M

Investors