Blueprint Finance Raises $7.5M to Expand Development of Concrete Protocol On-Chain Credit Market
Blueprint Finance has secured $7.5 million in funding for its Concrete Protocol, a native on-chain credit market that provides liquidation protection and yield optimization. The funding round was led by Hashed and Tribe Capital, with participation from several other investors. The company plans to use the funds to expand its operations and development efforts. CEO Nic Roberts-Huntley sees Concrete as a solution to the most pervasive issues in crypto and a foundational layer for on-chain credit, unlocking new markets in DeFi.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
U.S. Senator Warren questions Trump's Commerce Secretary nominee Lutnick's relationship with Tether
Cardano co-founder: 78.5% of Trump's net worth is in cryptocurrency
TRUMPFDV exceeds 40 billion US dollars, setting a new record high
Megabit will launch PROM USDT perpetual contract at 20:00 on January 19