New York based decentralized finance lending market and stablecoin protocol raised $2.8m in Seed funding led by Union Square Ventures, Arrington Capital, and Pillar VC.
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Algofi raises $2.8m in Seed funding
“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.”
