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
-
Blockchain Climate Tech Startup Coral Raises $3 Million
Coral, a climate tech startup leveraging blockchain and AI,... -
DEX Curve Finance Mulls Removing TrueUSD (TUSD) as Collateral for Stablecoin Curve USD (crvUSD)
“WormholeOracle” proposed reducing the upper limit on TUSD backing for crvUSD to zero, meaning that TUSD... -
Lawmaker Introduces Defi Bill — Calls Decentralized Finance ‘Essential to Future of Markets’
Congressman Warren Davidson has introduced the Evaluating Defi Opportunities...