Shield Finance Closes Private Funding Round to Bring Insurance to DeFi
The next generation of decentralized finance protocols and services will need to offer better security and protection to users. Insurance packages are currently a novelty in the industry, but that may not be the case for much longer. Shield Finance has a bold vision to combine the best of DeFi and insurance into an accessible […]
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The decentralized finance industry needs to keep evolving and growing. Shield Finance aims to provide a DeFi insurance aggregator service across multiple blockchains. Following a successful funding round and ahead of the upcoming IDO, there is a lot to look forward to. The Purpose Of Shield Finance The future of decentralized finance will heavily rely […]
As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May decline in total value locked, there is no shortage of investment capital chasing after the idea’s tremendous potential. Bitdao, a decentralized autonomous organization focused on defi, is....
Investors include Lemniscap, P2P capital and others. Unslashed Finance has sold $400 million in coverage since its private launch last month. Unslashed Finance, a decentralized insurance protocol built on Ethereum, has raised $2 million to fund its tokenized insurance product, highlighting another positive use case for blockchain technology. The funding round, which was led by Lemniscap, P2P Capital and other investors, will aid Unslashed Finance in expanding its decentralized insurance protocol for crypto assets. The protocol works by connecting people willing to buy insurance for their....
API3, a firm aiming to provide an alternative to oracle service Chainlink, has raised $3 million in a private funding round led by Placeholder.
NAOS Finance, one of the most exciting DeFi projects in 2021, recently announced that they successfully closed a private funding round, through which they raised $5.1 M from strategic investors. This success is an indication of investor confidence in the project as only a few projects have managed to raise such a huge amount. The […]