“While Algofi is starting with lending, our long-term goal is to be the first crypto-native bank that bridges the gap between centralized and decentralized finance,” said Owen Colegrove, co-founder of Algofi. “Over the next decade, we look forward to playing a significant role in helping millions of people around the world take part in the growing DeFi ecosystem.”

https://www.finextra.com/pressarticle/90495/algofi-raises-28m-to-build-decentralised-lending-market