December 6, 2024
SuiLend, a DeFi protocol built on the Sui blockchain, has completed a $6 million funding round, led by Robot Ventures. The capital will be allocated toward the development of a comprehensive DeFi suite, aiming to expand the capabilities of decentralized finance within the Sui ecosystem.
SuiLend focuses on creating a robust lineup of products designed to enhance the DeFi infrastructure on Sui. By offering services such as decentralized lending, borrowing, and liquidity provision, the protocol aims to accelerate the adoption of DeFi solutions on its blockchain. The funding will also support the development of new tools and features, which are expected to attract more users and developers to the platform.
About SuiLend
SuiLend is a decentralized finance (DeFi) protocol built on the Sui blockchain. The platform provides a range of DeFi services, including lending, borrowing, and liquidity solutions, with the goal of driving the adoption and utility of DeFi within the Sui ecosystem.
Website: https://suilend.fi/
X: @suilendprotocol
About Investor
Robot Ventures
Robot Ventures is a venture capital firm focused on early-stage investments in blockchain and DeFi startups. The firm actively supports projects that contribute to the growth and adoption of decentralized technologies.
Location: New York City, United States
Website: https://robvc.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
Comments