Marginfi Bags $3M to Build First Cross-Margining Engine on Solana By CoinQuora
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Marginfi Bags $3M to Build First Cross-Margining Engine on Solana- DeFi-based Marginfi has raised $3 million in a seed funding round.
- Marginfi aims to use the fund to deploy a cross-margining engine on .
- The fundraising program was led by Multicoin Capital and Pantera Capital.
Mrgn Labs announced that its $3 million seed round fund will be used to develop Marginfi, a first-of-its-kind cross-margining engine on the Solana blockchain. Marginfi will provide the mentioned services while embracing the innovative concept of DeFi.
The Marginfi fundraising event was co-led by Multicoin Capital and Pantera Capital. Venture capitals Solana Ventures and Sino Global Capital participated as well. Aside from the venture capitals, angel investors contributed massively.
Mrgn Labs Founder, Edgar Pavlovsky, explained:
In 2021, we saw an explosion of innovative financial products emerge across Defi. The problem is the trading experience is now extremely fragmente …
Continue reading on CoinQuora
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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Marginfi Bags $3M to Build First Cross-Margining Engine on Solana- DeFi-based Marginfi has raised $3 million in a seed funding round.
- Marginfi aims to use the fund to deploy a cross-margining engine on .
- The fundraising program was led by Multicoin Capital and Pantera Capital.
Mrgn Labs announced that its $3 million seed round fund will be used to develop Marginfi, a first-of-its-kind cross-margining engine on the Solana blockchain. Marginfi will provide the mentioned services while embracing the innovative concept of DeFi.
The Marginfi fundraising event was co-led by Multicoin Capital and Pantera Capital. Venture capitals Solana Ventures and Sino Global Capital participated as well. Aside from the venture capitals, angel investors contributed massively.
Mrgn Labs Founder, Edgar Pavlovsky, explained:
In 2021, we saw an explosion of innovative financial products emerge across Defi. The problem is the trading experience is now extremely fragmente …
Continue reading on CoinQuora
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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