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London based decentralized lending and borrowing protocol raised $25m in new funding led by Blockchain Capital, Standard Crypto, and Blockchain.com.
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“Aave raised funds from strategic investors to bring DeFi closer to institutional use and to expand the team size to serve the growth in Asian markets,” CEO Stani Kulechov said, adding that the new stakeholders will participate in the protocol’s governance and staking.
https://decrypt.co/44653/aave-raises-25-million-to-bring-defi-to-institutions
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