Crypto Venture Capital Fundraising Jumped Over 50% in March Amid Rally
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.
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Fundraising
Most capital went into infrastructure and decentralized finance (DeFi) projects, data by RootData shows.
The tokens have been sold to an undisclosed buyer and will be vested for two years.
Ethena’s USDe “synthetic dollar” is independent from the traditional financial system and aims to offer a dollar-denominated, yield-bearing savings vehicle for investors outside of the U.S.
The round also included participation from Anatoly Yakovenko, the co-founder of Solana.
The company said that its initial target for the funding round was $35 million.
Kiln CEO Laszlo Szabo (Kiln)