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DeFi Protocol Centrifuge Raises $ 4.3M Investment with Galaxy Digital

Blockchain Platform Centrifuge Raises $ 4.3 Million In Model Round Of Funding SAFT… Decrypt reports.

The funding round was spearheaded by investment firm Galaxy Digital and research fund IOSG Ventures. It also featured Rockaway, Fintech Collective, Moonwhale, Fenbushi, TRGC and HashCIB.

Startup Centrifuge aims to bring decentralized and traditional finance closer together by creating new pools, improving user experience, and through solutions based on Polkadot.

“It’s important to start connecting blockchain to the real world so that ordinary people can benefit from decentralized infrastructure and applications. Centrifuge is taking the lead in this direction, ”said IOSG Ventures Founding Partner Josie Lin.

In January, Galaxy Digital participated in a $ 25 million round of funding for stablecoin developer Terra, Terraform Labs, and launched three Ethereum funds for large investors.

Recall that in February, the Celo blockchain project raised $ 20 million from a16z, Greenfield One and Electric Capital.

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Fidenge Pecold

My profession is a journalist, but my hobby for 8 years has been studying Forex investing and trading. During this time, I managed to gain extensive experience in investing and trading cryptocurrencies and double my capital in the Forex market. To be the author of this magazine, the site owners invited me to participate in one of the 2020 trading webinars, and I will try to reveal the most relevant crypto market news for you.

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