DeFi Abstraction Platform Infinit Secures $6 Million in Funding
CryptoNewsTerminal Staff12 Sep, 2024
DeFi Abstraction Platform Infinit Secures $6 Million in Funding
DeFi abstraction platform Infinit has reportedly raised $6 million in a funding round, as reported by The Block. The funding round saw participation from notable investors including Arthur Hayes' Web3 venture capital Maelstrom, Electric Capital, Hashed, and Mirana Ventures. The funds raised will be used to enhance infrastructure and provide developer support. Infinit is focused on building a comprehensive abstraction layer for DeFi, allowing users to access and interact with various DeFi protocols and applications seamlessly. This layer aims to simplify the user experience and empower developers to build innovative DeFi applications.