The fixed income agreement Exactly Protocol has completed a $2 million financing, led by the founder of Synthetix and others

2023-01-13 17:10:15
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ChainCatcher news, the fixed income protocol Exactly Protocol announced the completion of a $2 million financing round, co-led by Synthetix founder Kain Warwick and Daedalus, Decentraland co-founder Esteban Ordano, with participation from Bodhi Ventures, Newtopia, NXTP Ventures, and Kaszek Ventures.

Exactly Protocol offers DeFi lending products with fixed and variable interest rates, having launched on the Ethereum mainnet last November. The funds from this financing round will be used to expand the team and develop products. Exactly Protocol plans to launch on Optimism in the coming months.

According to the crypto data platform RootData, the fixed income protocol Exactly completed a $3 million seed round led by the Latin American venture capital fund Kaszek in August 2021 (source link).

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