Bifrost memes 4

Crypto Galleon ⚓️
1 min readSep 23, 2020

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Bifrost, Polkadot ecosystem DeFi protocol just raised $600,000 in a seed round

@bifrost_finance announced that it has completed a $600,000 seed round of investment involving NGC Ventures, SNZ Holding, Digital Renaissance, Consensus Lab, LongHash Ventures, DFG, Youbi Capital, Bitrise Capital, Nova Club and other institutions. Before that, Bifrost has received a Grant from the Web3 Foundation and is also a member of the Substrate Builders Program and Web3 Bootcamp.

According to the team, before the seed round of fundraising, it has collected more than 160 investment intention forms, with an intention to invest more than $3 million. There are many early Polkadot investors and staking business-related institutions that successfully participated in the seed round. In future, Bifrost will be provided with assistance in various aspects such as parachain slot auctions and staking liquidity business support.

👉 https://cointelegraph.com/press-releases/defi-protocol-bifrost-just-raised-600-000-in-a-seed-round

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