Retail DeFi Startup Cryption Network Raises $1.1M in Private Round

[PRESS RELEASE – Tortola, British Virgin Islands, 25th May 2021] Cryption Network, a user-friendly defi platform built for retail users, has completed its latest funding round after raising $1.1m.
The project welcomed investment from a slew of well-established private investors including Master Ventures, CMS Holdings, GravityX Capital, GenBlock.
Additional capital came from Ascensive Assets, X21 Digital, AU21, WaterDrip, and angel investors like Polygon co-founder, Sandeep Nailwal, and Fetch.ai CEO, Humayun Sheikh. The round was co-led by Master Ventures, GravityX Capital, and CMS Holdings.
“This round illustrates a high degree of confidence in our project from the crypto community, and validates our vision for Cryption Network and DeFi moving forwards,” said CEO Tejas Chitnis.
“We are humbled to have received such unprecedented demand from investors and support for the ecosystem.”
Cryption Network offers a suite of products for retail investors who are alienated by the comp

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Źródło: https://cryptopotato.com/retail-defi-startup-cryption-network-raises-1-1m-in-private-round/

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