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Blockchain Venture Capital Fund Alphabit Invests In Decentralized Finance Network DeFiner

Mary Liu

Summary: According to PR Newswire, Decentralized Finance Network DeFiner has received investment from blockchain venture capital fund Alphabit. The amount has not been disclosed yet.  This fund will be used to develop DeFiner's decentralized savings and lending products, enhance the security of the platform. Alphabit will provide DeFiner with expertise in finance, game theory and computer ...

According to PR Newswire, Decentralized Finance Network DeFiner has received investment from blockchain venture capital fund Alphabit. The amount has not been disclosed yet. 

This fund will be used to develop DeFiner's decentralized savings and lending products, enhance the security of the platform. Alphabit will provide DeFiner with expertise in finance, game theory and computer science in the DeFi economy, Alphabit's influence in the United Arab Emirates will help DeFiner's development in the Middle East. 

DeFiner, which established in the U.S in 2018, is a completely decentralized crypto asset saving, financing, and payment platform. The team won the U.S. Fintech Challenge in 2019.

BY Mary Liu

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