Cross-chain DeFi platform Folks Finance completes $3.2 million Series A financing
According to The Block, the cross-chain decentralized finance (DeFi) platform Folks Finance has raised $3.2 million in a Series A funding round, reaching a valuation of $75 million. Borderless Capital led this round of financing, with participation from Algorand Ventures, Mapleblock Capital, Sovo Ventures and others. The first $2 million of this round was raised in February this year, while the remaining $1.2 million was recently collected. After completing the Series A funding round, Folks Finance's total financing reached $6.2 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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