Sources
Loading...
Additional media
Loading...
DeepNewz, mobile.
People-sourced. AI-powered. Unbiased News.
DeFi abstraction platform Infinit has successfully raised $6 million in a funding round led by Electric Capital, Mirana, Hashed, and Arthur Hayes' Maelstrom. This funding will be used to build the first DeFi abstraction layer, a significant step towards Infinit’s goal of becoming the backbone of decentralized finance by providing end-to-end infrastructure. Infinit has already supported protocols with over $630 million in total value locked (TVL).
As messaging protocol we saw the need for liquidity abstraction and built @StargateFinance to solve our largest need, now @chaos_labs as primary risk managers across defi are building to solve their greatest need -- accurate, reliable pricing data. Congratulations to… https://t.co/2wy6yc0WMJ
JUST IN: DEFI ABSTRACTION PROTOCOL 'INFINIT' RAISES $6M FROM ELECTRIC CAPITAL, MIRANA, AND OTHERS
1/ Huge congrats to @Infinit_Labs on its $6M funding round! Its innovative DeFi infrastructure shows promise, having supported protocols with $630M+ TVL. https://t.co/wx8lWioi8s