Express

Polkadot Parachain Clover Finance Snags $3 Million From Polychain Capital And Hypersphere

Mary Liu

Summary: Polkadot Parachain Clover Finance today announced the complication of a $3 million seed round funding, led by Polychain Capital, Hypersphere, Bithumb Global, and Divergence Ventures. Clover Finance is a cross-chain basic layer based on Substrate, which provides developers with an easily accessible blockchain infrastructure and creates a one-stop EVM compatible framework to migrate DeFi applications ...

Polkadot Parachain Clover Finance today announced the complication of a $3 million seed round funding, led by Polychain Capital, Hypersphere, Bithumb Global, and Divergence Ventures.

Clover Finance is a cross-chain basic layer based on Substrate, which provides developers with an easily accessible blockchain infrastructure and creates a one-stop EVM compatible framework to migrate DeFi applications from Ethereum to Polkadot.

In addition to EVM compatibility, Clover's other core innovations include gas fee redistribution, gas fee-free transactions, and the unique trustless two-way pegs between Ethereum and Bitcoin.

By Mary Liu

Last Update:

Tags: ,,,,,,
Link: Polkadot Parachain Clover Finance Snags $3 Million From Polychain Capital And Hypersphere   [Copy]
Next:

Related Articles

  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 14 hours ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 2 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 12 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 14 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 16 days ago

    • You need to login to comment.