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India based neo-bank built on top of Ethereum protocols has secured $3m of Series Seed capital from Polychain, Sequoia, Dragofly, and ConsenSys Labs.
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Contrary to other lending products built on Ethereum, Juno clients will not be directly affected by the volatility of cryptocurrencies and blockchain. Instead, the platform simplifies its interface by “removing the complexities of web 3.0 and volatility of crypto assets.”
https://www.tokenpost.com/Neo-banking-solution-Juno-secures-3M-to-offer-interest-on-USDC-3768
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