Financing compliance infrastructure.

The mandate

Astra Protocol builds compliance and know-your-customer infrastructure for decentralized systems. The firm was engaged to validate the company’s valuation, secure strategic capital toward a $30 million raise, and open the exchange, market-maker, and protocol relationships the business needed to operate.

What was built

GDA supported the financing directly, introducing global investors and originating seven figures of the round itself. The firm opened and closed the market-making relationship with GSR, and introduced and supported the closing of integration agreements with counterparties of eight and nine figure scale.

The outcome

More than $30 million in capitalization completed, with the network launching at approximately $500 million. The mandate sits deliberately in the compliance layer — the part of this market that institutional allocators need to exist before they can participate in the rest of it.

Capital raised

Originated by GDA

Market-making secured