Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Bitfinex => Topic started by: MRM on August 08, 2020, 04:38:42 PM
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DeFi-focused fund ParaFi Capital has invested $450,000 in USDT, along with D1 Ventures, and will start staking on Ethereum-based exchange DeversiFi.
DeversiFi announced Friday that ParaFi and D1 had together invested $450,000, in tether tokens, in return for governance token nectar (NEC).
San Francisco-based ParaFi's portfolio includes other DeFi projects such as Aave, Curve, MakerDAO and Kyber Network, into which ParaFi invested in June.
Source: https://www.coindesk.com/parafi-invests-staking-bitfinex-spin-out