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DeFi Alliance Launches $15 Million Startup Investment Fund

Fri, 26 Feb 2021, 08:15 am UTC

The DeFi Alliance, which includes Compound Finance’s Robert Leshner, Aave’s Stani Kulechov, and Synthetix’s Kain Warwick, among others, was launched with a mission to grow the sector to a billion users by 2025.

The Alliance’s ‘Fund I’ has been seeded by members and led by founding partners along with entrepreneur Mark Cuban.

Lead investors for the $15 million fund include CMT Digital, Cumberland DRW, Susquehanna (SIG), and Cuban, who has been very active in the non-fungible token (NTF) space recently.

Coinness

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