Company profile
Somm Finance
Access to risk-managed strategies powered by off-chain computation
- Industry
- Software Development
- Employees
- 8
- Founded
- 2021
Somm Finance company summary
Somm Finance is a company in the Software Development industry, founded in 2021. On LinkedIn the company has around 8 employees.
What technology does Somm Finance use?
No technologies detected yet. Warmrank rechecks company websites on a rolling basis.
About Somm Finance
Somm Finance is built on the Cosmos SDK to maximize interoperability with other blockchains, and the platform is a reimagined gateway into interchain DeFi. With a bridge in place connecting the Cosmos-based platform to Ethereum, Som will be able to execute strategies across multiple blockchains, opening a wide horizon of possibilities. Traditional Finance has come to rely on the power of off-chain computation, since it allows their strategies to be proprietary and include the work of highly sophisticated data modeling, machine learning models which would be impossible to do On-chain. Sommelier aims to do all of this but without the tradeoff of centralization that exists in traditional finance thanks to its Validator Set.
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Frequently asked questions about Somm Finance
What does Somm Finance do?
Somm Finance is built on the Cosmos SDK to maximize interoperability with other blockchains, and the platform is a reimagined gateway into interchain DeFi. With a bridge in place connecting the Cosmos-based platform to Ethereum, Som will be able to execute strategies across multiple blockchains, opening a wide horizon of possibilities. Traditional Finance has come to rely on the power of off-chain computation, since it allows their strategies to be proprietary and include the work of highly sophisticated data modeling, machine learning models which would be impossible to do On-chain. Sommelier aims to do all of this but without the tradeoff of centralization that exists in traditional finance thanks to its Validator Set.
How many employees does Somm Finance have?
Somm Finance has around 8 employees on LinkedIn.
When was Somm Finance founded?
Somm Finance was founded in 2021.
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