Tezos Makes a Run at DeFi, But Can It Catch Ethereum?

[MRM]

Tezos, an Ethereum competitor that raised more than $230 million in 2017, has raised new funds to bring DeFi to its native blockchain. DeFi may be dominated by Ethereum, but Tezos is making a play to attract users with lower fees and faster transactions.

Tezos Stable Technologies, a subsidiary of the newly launched Tezos Stablecoin Foundation charged with advancing DeFi development on the Tezos blockchain, closed a successful seed round today, venture capital firm Draper Goren Holm announced. The amount was not disclosed.
Source: https://decrypt.co/43786/tezos-makes-a-run-at-defi-but-can-it-catch-ethereum