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Folks Finance raises $3.2m in Series A funding

Decentralized cross-chain platform raised $3.2m in Series A funding led by Borderless Capital.

"By leveraging Chainlink's Cross-Chain Interoperability Protocol (CCIP), Wormhole, and Circle's Cross-Chain Transfer Protocol (CCTP), xChain allows anyone to deposit assets on one chain and borrow on another, offering unmatched flexibility and efficiency across ecosystems."

Tags

cross chain, defi