Seoul, South Korea, Nov 8, 2021 - (ACN Newswire via SEAPRWire.com) - Baekdu Technologies Inc. has secured $1 million pre-A funding, led by Mirae Asset Venture Investment. Baekdu is one of two companies that Mirae Asset has invested through its proprietary fund this year.Baekdu Technologies is a blockchain hedge fund that invests in ways only present in DeFi. A blockchain hedge fund differs from crypto hedge funds in that crypto hedge funds invest in digital assets but use traditional investment methods while blockchain hedge funds use blockchain technology and develop smart contracts to implement DeFi-specific strategies. Strategies include: cross-chain arbitrage, carry trades, yield farming, LP fee·funding fee·interest accumulation, and other tech-focused approaches including flash loans. It is one of the very few companies pursuing system trading in the DeFi space along with ParaFi Capital, leading the new era of hedge funds.The company focuses on absolute returns, so far having proven to show positive weekly returns since its inception. Returns were strongest in the bear markets. Its fully automated system trading program runs 24 hours a day, ceaselessly scanning for opportuniti...