Moma Protocol completes US$2.25 million in financing to establish a liquidity platform for long-tail DeFi loans»CryptoNinjas
Moma agreement, Decentralized liquidity solutions Summarizing the DeFi lending market, today announced that it has completed a $2.25 million financing; led by Fundamental Labs and SevenX Ventures. Incubated and supported by Lichang, a community application with 1 million registered users; the Moma protocol aims to enrich DeFi loans by opening up a new loan market for long-tail digital assets.
“I believe that the goal that Moma Protocol wants to achieve is to create a scalable, scalable and flexible infrastructure for the DeFi world within 5 to 10 years; everyone can freely participate in the way. My DeFi ecosystem and loan solutions I am optimistic and happy to be able to promote the Moma agreement to produce a factory model with unlimited liquidity to explore the future. This fascinates me the most. We are ready to set sail!”
– Liao Yang, founder and CEO of Moma Protocol
Investors in this round include Fundamental Labs, SevenX Ventures, and other investors, including AU21 Capital, Blocksync Ventures, BuildingBlocks, Coins Group, Consensus Investment, DFG Capital, FBG Capital, Finlink Capital, Lotus Capital, Magnus Capital, Moonrock Capital, Moonwhale Ventures, Oasis Capital, Spark Digital Capital, Waterdrip Capital, X21 Digital and Zee Prime Capital.