The market for decentralized finance continues to expand rapidly. With over $155 billion in total value locked, DeFi is becoming more attractive for institutional investors.
Financial service platform Evrynet has concluded a $7 million fundraiser for its forthcoming decentralized finance app targeting institutional investors, offering further evidence that DeFi has an institutional-grade audience.The private investment round was led by Signum Capital, a Singapore-based blockchain venture fund, with participation from Petrock Capital, Ellipti Ventures and others. Evrynet’s previous backers include HashKey Capital, Everest Ventures, Hanwha Investments and Securities, and Seven Bank, among others. The funds will aid Evrynet in providing institutional-grade DeFi services to investors through its forthcoming Evry.Finance application, which will serve as an exchange, liquidity pool and staking platform. The company is also dev
Źródło: https://cointelegraph.com/news/evrynet-s-7m-raise-highlights-institutional-appetite-for-defi
