Impossible Finance is supporting @RaphaelExchange as a launch partner on Robinhood Chain, beginning with liquidity in select Raphael pools and planning to scale participation as the ecosystem grows.
Rarible announced that IMPOSSIBLE (formerly Impossible Finance) acquired the Rarible brand and key platform assets, including the RaribleX storefront infrastructure, marking IMPOSSIBLE's first merger/acquisition; the RARI Foundation and RARI token remain independent.
Impossible Finance conducted its first token sale for the IDIA (Impossible Decentralized Incubator Access) governance token, with subscription opening Aug 17, 2021 and claiming on Aug 18, 2021, marking the launch of its decentralized launchpad.
Impossible Finance announced a ~$7M seed raise from over 125 investors, co-led by True Ventures, CMS Holdings, Alameda Research and Hashed, with plans to launch an AMM-based multi-chain DeFi ecosystem starting on Binance Smart Chain. Founder Calvin Chu previously worked on Binance Launchpad/Binance Research.
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