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News by FinTech Collective Archive

Element Finance raises $32m in Series A funding

Sarah Wolter

October 19, 2021

https://www.passle.net/Content/Images/passle_logo-186px.png Passle https://passle.net

Sarah Wolter

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San Francisco based open-source protocol for fixed and variable yield markets raised $32m in Series A funding led by Polychain Capital.

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“Element is a breakthrough financial primitive that has quickly become a cornerstone of DeFi, and soon we think will be a core piece of our global financial infrastructure,” Polychain Capital founder and CEO Olaf Carlson-Wee said.

https://www.coindesk.com/business/2021/10/19/defi-protocol-element-finance-raises-32m-in-series-a-round/

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