Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: EAA-ALLAH on May 09, 2021, 07:17:06 AM
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Multichain decentralized exchange (DEX) Dfyn has successfully closed a $2.4 million funding round from investors ahead of its Polkastarter initial DEX offering (IDO), as per a release shared with CryptoSlate.
Investors include top crypto funds like CMS Holdings, QCP Capital, DFG, DeFi Capital, Signum, Rarestone, Shima, De-Fi Capital, Genblock Capital, GBIC, Lotus Pool, Krypital, MGNR, Crypto Dorm Fund, and Sandeep Nailwal of Polygon among others. Dfyn plans to use the investments to focus on expanding Dfyn onto other blockchains and to further develop the cross-chain ecosystem with Router Protocol, which the team is also building out.
The DFYN token received investor interest of nearly $30 million and was 12x oversubscribed. And now, with the core group of investor partners, the protocol can commit to product development and marketing processes for years. Source (https://cryptonews.net/619344/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)