Fixed-rate DeFi platform developer Term Labs has completed a $2.5 million seed round financing, led by Electric Capital
ChainCatcher news, according to CoinDesk, the developer of the fixed-rate DeFi platform Term Finance, Term Labs, has completed a $2.5 million seed round financing, led by Electric Capital, with participation from Circle Ventures, MEXC Ventures, Coinbase Ventures, Robot Ventures, and others.
It is reported that Term Finance plans to launch at the end of March, and the newly raised funds will be used to build the Term Finance protocol. (Source link)
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.