The funding round, led by Union Square Ventures and supported by major investors like Coinbase Ventures, brings Reservoir’s total capital to 26 million USD. The Series A round included equity with token warrants, with Nick Grossman joining the board.
Originally focused on NFT trading, Reservoir now aims to support token trading across multiple blockchains. Its product suite features Relay, Reservoir Swap, and Reservoir NFT, designed for seamless integration and trading across various networks.