The DeFi project Sentora, formed by the merger of IntoTheBlock and Trident Digital, has completed a $25 million financing round, led by New Form Capital

ChainCatcher news, according to CoinDesk, IntoTheBlock and Trident Digital announced a merger to form a new company, Sentora, aimed at bringing institutional investors into the on-chain world.

The new company is led by Trident co-founder and former Coinbase head of risk strategy Anthony DeMartino.

At the same time, Sentora has completed a new financing round of $25 million, led by New Form Capital, with participation from Ripple, Tribe Capital, UDHC, and Joint Effects, as well as support from strategic ecosystem investors like Curved Ventures, Flare, and Bankai Ventures.

It is reported that Sentora integrates IntoTheBlock's over $3 billion institutional-grade DeFi analytics data with Trident's structured liquidity solutions, aiming to develop a unified interface to solve the fragmentation of multi-chain protocol interactions. CTO Jesus Rodriguez stated that the goal is to build "core infrastructure that enables institutions like DAOs and family offices to securely access DeFi."