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Yieldly debuts DeFi on Algorand with $8M TVL in first 48 hours

Yieldly debuts DeFi on Algorand with $8M TVL in first 48 hours Listen to article Press Release Exponential growth in Yieldly’s no-loss lottery proves to be the next major onboarding platform into DeFi at large.  Singapore, June 9, 2021 — Yieldly (YLDY), the first decentralized finance platform built atop the Algorand blockchain, revealed today that $10 million in Algorand’s ALGO has already been staked, placing Yieldly within the top 40 DeFi protocols by Yield TVL in under two days...
Katie Olver Sebastian Quinn Binance Smart Chain Algorand Asia Accelerator Borderless Capital Longhash Capital

5 Reasons Why RiFi Is Going To Change the DeFi Lending Ecosystem

5 Reasons Why RiFi Is Going To Change the DeFi Lending Ecosystem Reading Time: 3 mins read Rikkei Finance ($RIFI) is the ultimate lending solution that is scalable and user-friendly. Rikkei Finance is an all-inclusive financial platform that boasts high performance and efficiency. RiFi improves the DeFi lending ecosystem through sustainability, interoperability, diversity, community-centered approach, and its core system. Sustainability  The solid vision of the RiFi team from the early stage i...
Republic Of Kyber Network Rikkei Finance Liquidity Ranking System Signum Capital Leading Investor

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Rikkei Finance raises USD 5.6 mln in funding

Vietnam-based DeFi startup Rikkei Finance has announced raising initial funding of USD 5.6 million. The fintech has received funding from investors in the blockchain industry, including HyperChain Capital, Kyber Network, Signum Capital, PNYX, X21digital.com, LD Capital, Tomochain, Kernel Ventures, Trade Coin VietNam, Coin98, Kyros Ventures (Coin68), YBB Foundation Limited, Ark Stream Capital, and Inclusion Capital. Rikkei Finance is using decentralised technology to improve ideas like money len...
Republic Of Kyber Network Vietnam Based Defi Rikkei Finance Hyperchain Capital Signum Capital

Metis Raises $1M Seed Investment From Waterdrip Capital, DFG, Chain Capital And Angel Investors

Metis Raises $1M Seed Investment From Waterdrip Capital, DFG, Chain Capital And Angel Investors Date 03/03/2021 Blockchain specialist Metis, has raised $1M in seed and angel funding, which will enable it to release its new Layer2 DAO framework at the end of March. The investors are Ralf P. Gerteis, P1X Capital, Waterdrip Capital, DFG, Chain Capital, AC Capital, Block.power Combinator, Hotbit, SSSnodes, Crasolum, Kernel Ventures, Catcher VC, Jubi Labs and Ming Liu, former co-founder of Tro...
Yelena Sinelnikova Ralfp Gerteis Ming Liu Kevin Liu Waterdrip Capital Chain Capital

Bifrost has received a new round of angel financing

Bifrost has received a new round of angel financing Listen to article Press Release On Jan. 28, 2021, Bifrost was excited to announce that it had already reached a new round of angel financing, which is the second round of financing after the seed round that raised $600,000 in September 2020. This round of investment institutions include: CMS Holding, Altonomy, SevenX, Zonff Partners, Paka, Timestop Capital, Incuba Alpha, Oasis Capital, Kernel Capital and Loopring co-founders Jay and Stev...
United States Daniel Matuszewski Steve Guo Bobby Cho Morgan Stanley Digital Finance Group

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