XLD Finance, which offers cross-border decentralized finance (DeFi) tools for emerging markets, raised $13 million in a pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto. The funds will go toward product development and hiring engineers, according to a press release provided to CoinDesk.
Related posts
-
Post-mortem reveals stealthy malware injection led to $50m Radiant Capital exploit
Radiant Capital attackers used malware to hijack developer wallets and swipe over $50 million in assets.... -
Bitcoin Staking Protocol Solv Integrates Liquid BTC With Solana’s Defi Ecosystem
The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana’s decentralized finance (Defi)... -
Kraken Unveils a New Wrapped Bitcoin Product—Here’s What It Means for Defi
Kraken has launched KBTC, a wrapped bitcoin product fully backed 1:1 by bitcoin and compatible with...