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Cross-Chain Liquidity Protocol Pontoon Finance Raises $3.2 Million
Summary: Pontoon Finance, a DeFi project that aims to provide liquidity across multiple chains, completed $3.2 million in financing. Participants include leading venture capital companies such as Black Edge Capital, Morning Star Ventures, Amesten Capital, X21, Draper Dragon Funds, Ex Network, and GenBlock, and a series of angel investors. Pontoon Finance is integrating unique features such ...
Pontoon Finance, a DeFi project that aims to provide liquidity across multiple chains, completed $3.2 million in financing. Participants include leading venture capital companies such as Black Edge Capital, Morning Star Ventures, Amesten Capital, X21, Draper Dragon Funds, Ex Network, and GenBlock, and a series of angel investors.
Pontoon Finance is integrating unique features such as decentralized relay networks, trustless bridges, cross-chain liquidity, and composability to promote the adoption of DeFi.
The project plans to launch its IDO on HotCross in October, a beta version of the platform will be launched after IDO. The Pontoon team is preparing to audit its smart contract to fix any errors or security vulnerabilities to avoid future risks.
By Mary Liu
Tags: Amesten Capital,Black Edge Capital,DeFi,Draper Dragon Funds,Morning Star Ventures,Pontoon Finance,X21
Link: Cross-Chain Liquidity Protocol Pontoon Finance Raises $3.2 Million [Copy]
