Neutrl, a rising DeFi protocol innovator, has announced a successful $5 million seed funding round to scale its mission of bridging private over-the-counter (OTC) markets with decentralized finance. The round was led by STIX and Accomplice, with notable backing from Amber Group, SCB Limited (SIG), Figment Capital, and Nascent, along with prominent angel investors including Guy Young and Steven Shi (Ethena), DCF Capital, Flood (Insilico Trading), Huss, Jez (izebel.eth), and Josh Lim (Arbelos Markets).
What is Neutrl?
Founded by Behrin Naidoo, Neutrl aims to redefine stable value creation in decentralized finance by introducing $NUSD — a market-neutral, synthetic dollar designed to unlock yield potential from OTC arbitrage strategies.
Unlike traditional stablecoins that rely heavily on centralized collateral or fiat reserves, $NUSD is backed by discounted assets and managed using delta-neutral strategies, enabling both capital efficiency and reduced directional market risk. This approach offers a compelling value proposition for traders, liquidity providers, and DeFi enthusiasts seeking stable yields with minimal exposure to market volatility.
Why $NUSD Matters in the Current DeFi Landscape
The rise of DeFi stablecoins has sparked innovations in liquidity generation and capital preservation. However, most synthetic dollar protocols suffer from high capital inefficiency or systemic risks tied to volatile assets. Neutrl’s $NUSD takes a different route by targeting OTC arbitrage opportunities, thereby extracting value from price discrepancies between centralized OTC markets and decentralized exchanges — a niche but high-potential domain.
This market-neutral positioning not only reduces volatility risks but also aligns with growing institutional interest in stable, yield-generating crypto instruments.
Seed Funding to Accelerate Growth
Neutrl plans to leverage the seed funding to:
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Expand its technical and research team
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Scale product development for its core protocol and synthetic dollar infrastructure
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Onboard strategic OTC partners and liquidity providers
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Enhance protocol security and smart contract audits
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Grow community and ecosystem partnerships
The support from industry veterans and crypto-native funds signals strong confidence in Neutrl’s vision to reshape how synthetic assets and arbitrage can drive DeFi’s next phase of growth.
Investors Backing the Future of Capital-Efficient DeFi
With participation from respected names like Amber Group, Figment Capital, and Nascent, Neutrl joins a select group of DeFi protocols gaining momentum at the intersection of OTC finance and decentralized yield mechanics.
The involvement of angel investors from leading projects like Ethena, Insilico Trading, and Arbelos Markets further bolsters its strategic advantage, providing not just capital but critical insight into risk management and arbitrage mechanics.
About Neutrl
Neutrl is a DeFi protocol focused on bringing capital efficiency to decentralized finance through the launch of $NUSD, a synthetic, market-neutral dollar designed for OTC arbitrage strategies. Based in Panama City and led by CEO Behrin Naidoo, the platform aims to unlock sustainable, risk-adjusted returns by merging real-world OTC pricing with on-chain accessibility.