Tagged: robert leshner

Mobile DeFi App Donut Raises $2M

Mobile DeFi app Donut has raised another $2 million from a group led by Redalpine. Owners of the Washington Nationals, Inventures, Entrepreneur First and Compound founder Robert Leshner also participated, with the funds allotted for user growth and product development. Donut’s total funding now sits… Read More

Balaji Srinivasan backed Options Issuance Platform Opyn Secures Over $2 Million to Help Protect DeFi Investors from Potential Losses

Ethereum based Opyn, an options issuance platform, has secured $2.16 million in capital via a round led by Dragonfly Capital, a cross-border crypto-asset investment firm. Other investors in Opyn’s latest round included 1kx, an early-stage token fund focused on remittances, computation, storage, prediction, and the… Read More

DeFi: Compound, an Ethereum-based Lending Protocol, to Decentralize Governance Process by Transferring Control to Native COMP Token Holders

The developers of Compound, a leading Ethereum-based decentralized finance (DeFi) solution, will be decentralizing the governance process of the lending protocol. This will be achieved by launching a token-based governance model. The Compound team had announced plans to use a governance token back in February… Read More

Digital Asset Lending: Fireblocks Integrates with Largest DeFi Lending Network

Fireblocks, a digital asset platform for institutions, has integrated with Compound (compound.finance), a Decentralized Finance (DeFi) lending platform with $163M in interest-earning assets across 8 markets, according to a company release. Compound is backed by investors including a16z Crypto, Coinbase, Paradigm, and Polychain. Fireblocks claims… Read More

UK-based Argent, a Digital Asset Wallet Provider, Secures $12 Million in Funding via Series A Round

London-headquartered Argent, a digital asset wallet provider that integrates the services of several decentralized finance (DeFi) platforms, including Maker and Compound, has secured $12 million through a Series A investment round. Argent’s funding round was led by San Francisco-based Paradigm, a leading crypto asset investment… Read More

Andreessen Horowitz-backed DeFi Platform Compound Introduces New Project to Decentralize Governance for its Non-Custodial Lending Protocol

Compound, an open finance solution provider, has launched a new project that aims to decentralize the governance process for its non-custodial lending protocol and platform. The lending solutions’ developers noted that the platform’s governance token, COMP, will let its holders suggest, discuss, and make changes… Read More

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