Decentralized Finance project InfiniFi completes a $3 million Pre-Seed round of financing, led by Electric Capital

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PANews February 12th news, Decentralized Finance project InfiniFi announced the completion of a $3 million Pre-Seed round of financing, led by Electric Capital, with participation from New Form Capital, Kraynos Capital, BaboonVC, etc. According to the introduction, InfiniFi is a depositor-driven Decentralized Finance system, and its upcoming deposit receipt token (DRT) will be launched as an asset pegged to the US dollar, and will be integrated with AAVE, Pendle, Ethena (and other companies) in the second quarter of this year.

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