The crypto lending protocol Maple Finance has completed a $5 million financing round, led by Tioga Capital and Blocktower Capital
ChainCatcher news, according to Decrypt, the crypto lending protocol Maple Finance has completed a $5 million financing round, led by Tioga Capital and Blocktower Capital, with participation from GSR Ventures, Cherry Ventures, Veris Ventures, The Spartan Group, and others.
It is reported that the new funding will be used to expand Maple's global services, with a specific focus on the Asia-Pacific region. Several jurisdictions in the region, particularly Singapore and Hong Kong, will also be used to build its newly launched pure lending division, Maple Direct.
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