MEV execution platform Mevvy completes $2.8 million seed funding, led by Multicoin Capital

ChainCatcher message, MEV execution platform Mevvy announced the completion of a $2.8 million seed round of financing, led by Multicoin Capital, with participation from Chapter One Ventures, Hypersphere, and several strategic angel investors. Investors include Ondo founder Nathan Allman, Pendle founder TN Lee, Ethena founder Guy Young, Axelar founder Georgios Vlachos, and Sei Network's Jeffrey Feng and Jay Jog. Mevvy aims to simplify the technical complexity in blockchain transaction ordering and execution, making MEV (Maximal Extractable Value) more accessible to traders. Mevvy plans to use this round of financing for product development, chain expansion, and strategic collaborations with DeFi protocols.