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San Francisco based operator of decentralized finance lending protocol TrueFi and stablecoin TUSD raised $12.5m in new funding led by BlockTower Capital, a16z and Alameda Research.
“We’re looking to use this funding both to help us scale the protocol, size of that existing market, but also help us to branch into new markets,” TrustToken’s co-founder and CEO, Rafael Cosman, told CoinDesk.
https://www.coindesk.com/a16z-blocktower-alameda-back-12-5m-round-for-trusttoken
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