Sentora Merges IntoTheBlock and Trident with $25m Support
Deal News | May 06, 2025 | White Star Capital
IntoTheBlock and Trident Digital have merged to form a new company called Sentora. With Anthony DeMartino at the helm and significant investment from New Form Capital and others, Sentora aims to be a comprehensive DeFi solution for institutional investors. This merger marks a significant consolidation trend in the maturing DeFi space, equipping Sentora with analytics expertise from IntoTheBlock and financial structuring capabilities from Trident. They aim to simplify the complex DeFi landscape for institutional players, merging over $3 billion in institutional DeFi deployments with sophisticated liquidity management solutions. Sentora plans to make on-chain interaction seamless, reducing the complexities associated with multi-chain and various protocol interactions, further enticing traditional financial firms by offering a unified platform for compliance, risk, and investment strategies, paving the way for many trillions of dollars in assets to eventually transition onto DeFi platforms.
Sectors
- Decentralized Finance (DeFi)
- Crypto and Blockchain
- Investment Management
Geography
- United States – The merger involves American companies and investment firms, with comments from key figures like Anthony DeMartino who has a professional background in the United States.
Industry
- Decentralized Finance (DeFi) – The article discusses the merger of two DeFi firms, IntoTheBlock and Trident, into Sentora, focusing on creating an institutional DeFi gateway.
- Crypto and Blockchain – The article is centered around developments within the crypto and blockchain industry, particularly the formation of Sentora, aiming to provide institutional investment solutions in blockchain finance.
- Investment Management – Sentora’s goal to attract large-scale institutional investors places it within the investment management industry as the article discusses strategies and developments relevant to large asset management.
Financials
- $25 million – Funding round currently being closed for Sentora, led by New Form Capital with multiple other participants.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| IntoTheBlock | Merging Company | Company | DeFi analytics firm known for its work with institutional deployments. |
| Trident Digital | Merging Company | Company | Company focused on structuring liquidity programs and financial products in the DeFi space. |
| Sentora | New Company | Company | Formed from the merger of IntoTheBlock and Trident Digital, it aims to provide a comprehensive institutional DeFi gateway. |
| White Star Capital | Private Equity Firm | Company | A private equity firm backing the merger of IntoTheBlock and Trident Digital. |
| Anthony DeMartino | CEO | Person | Co-founder of Trident Digital and former head of risk strategies at Coinbase, now leading Sentora. |
| New Form Capital | Lead Investor | Company | Led the $25 million funding round for Sentora. |
| Ripple | Investor | Company | Participant in the $25 million funding round for Sentora. |
| Tribe Capital | Investor | Company | Participant in the $25 million funding round for Sentora. |
| UDHC | Investor | Company | Participant in the $25 million funding round for Sentora. |
| Joint Effects | Investor | Company | Participant in the $25 million funding round for Sentora. |
| Curved Ventures | Investor | Company | Strategic ecosystem investor in Sentora. |
| Flare | Investor | Company | Strategic ecosystem investor in Sentora. |
| Bankai Ventures | Investor | Company | Strategic ecosystem investor in Sentora. |
| Jesus Rodriguez | CTO | Person | Co-founder of IntoTheBlock and now Chief Technology Officer of Sentora. |