Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth By Cointelegraph

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Singapore-based digital asset investment firm Spartan Group has announced an investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE). The size of the investment was not disclosed.

After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto venture capital arm Spartan Capital has made a follow-on investment in Pendle Finance through an over-the-counter, or OTC, purchase.

Pendle Protocol TVL. Source: DefilLama
Total DeFi TVL historically. Source: DefilLama