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Balancer Labs Partners with Key Investors in $24.25M Token Purchases to Accelerate Growth of Balancer Protocol

Portfolio company Balancer is on a mission to become the leading source of programmable liquidity for DeFi, adding $24m to its arsenal for continued development and marketing of the Balancer protocol.

"Balancer combines the best features of an automated market maker (AMM) with a flexible portfolio management solution - turning the index fund structure in traditional asset management on its head. We believe that the gas efficient and regulatory minded architecture of the upcoming Balancer v2 will be a game changer for DeFi." - Sean Lippel, Head of Digital Assets at FinTech Collective