Algofi Announces $2.8M in Funding to Build Decentralized Lending Market on Algorand Blockchain
Y Combinator-backed venture aims to bridge the gap between traditional and decentralized finance Algofi, the fast, low-cost lending market and stablecoin protocol built on the Algorand blockchain, announced $2.8 million in seed funding during Decipher, Algorand’s annual community conference. Union Square Ventures, Arrington XRP Capital, and Pillar VC led the......