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Modular Lending Protocol TownSquare Completes Builder Round Financing with Typhon Ventures, Bixin Ventures Participating

Summary: According to official announcement, modular currency market protocol TownSquare, built on Monad, has completed its builder round financing with institutional investors including Typhon Ventures, Bixin Ventures, Dorahacks Ventures, Mulana Capital, and Ankaa. TownSquare focuses on providing leverage yield and cross-chain lending services, with its protocol native to cross-chain environment and core in Monad. The treasury ...

According to official announcement, modular currency market protocol TownSquare, built on Monad, has completed its builder round financing with institutional investors including Typhon Ventures, Bixin Ventures, Dorahacks Ventures, Mulana Capital, and Ankaa. TownSquare focuses on providing leverage yield and cross-chain lending services, with its protocol native to cross-chain environment and core in Monad. The treasury system provides passive income and leverage yield experience through native integrated components. With a modular architecture and a team with rich experience, the protocol aims to bring more efficiency, stronger cross-chain interoperability, and optimized returns to decentralized finance.

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