Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
DeFi abstraction platform Infinit raises $6 million from investors including Electric Capital, Arthur Hayes' Maelstrom

DeFi abstraction platform Infinit raises $6 million from investors including Electric Capital, Arthur Hayes' Maelstrom

The BlockThe Block2024/09/11 16:00
By:The Block

Quick Take Infinit raised $6 million in a funding round involving Electric Capital, Mirana Ventures, Hashed, and Arthur Hayes’ family office, Maelstrom.

DeFi abstraction protocol Infinit raised $6 million in a funding round involving Electric Capital, Mirana Ventures, Hashed, and Arthur Hayes’ family office, Maelstrom.

Other investors include Lightspeed Faction, Nomad Capital, Robot Ventures, Tangent, and Presto Labs.

The project said it plans to use the newly raised funds to enhance its infrastructure and facilitate a smoother experience for DeFi protocol builders.

According to a statement shared with The Block, Infinit, which offers support for end-to-end DeFi infrastructure, already powers 12 apps across three chains. This includes protocols such as INIT Capital, Ethena, and ZeroLend.

By abstracting the technical details, Infinit aims to streamline processes. The project added that it provides infrastructure tooling to develop DeFi applications, including money markets, DEXs, perpetual platforms and yield protocols. “The goal is for coding to eventually become a non-requirement, allowing anyone to build and launch in minutes using the INFINIT frontend,” the team said.


0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Unstaked Goes Viral With a Massive $1M Giveaway, as Solana (SOL) Charges and Pi Network Falters

Solana’s bullish push targets a $300 billion market cap, Pi Network struggles with selling pressure, and Unstaked heats up the presale space with a $1 million giveaway as the total funds reach $9.2 million.Solana Eyes $300B Market Cap as Structural Signals ImprovePi Network Drops Further as Bearish Pressure MountsUnstaked Ignites the Presale Scene with AI Innovation & a $1M GiveawayFinal Thoughts

Coinomedia2025/06/07 17:08
Unstaked Goes Viral With a Massive $1M Giveaway, as Solana (SOL) Charges and Pi Network Falters

SHIB Drops 11% in a Week – Is Nexchain the Top Crypto Presale ICO of 2025?

While SHIB tumbles, Nexchain rises—an AI-powered blockchain presale offering 455% ROI, real utility, and top-tier scalability in 2025.Nexchain AI Blockchain: Built for the Real WorldSHIB Slips Closer to Multi-Month LowsThe Best Crypto Presale to Buy? Nexchain Could Be the One

Coinomedia2025/06/07 17:08
SHIB Drops 11% in a Week – Is Nexchain the Top Crypto Presale ICO of 2025?

Charting the Future of What Could Be the Most Popular Cryptocurrency After Hyperliquid

Qubetics is gaining momentum with a multi-chain wallet, \$17.7M raised, and 4,349% ROI potential—could it be the next Hyperliquid success story?Qubetics: Non-Custodial Multi-Chain Wallet Is a Game ChangerHyperliquid: A Massive Win for Many Early AdoptersThe Final Word: Next Most Popular Cryptocurrency

Coinomedia2025/06/07 17:08
Charting the Future of What Could Be the Most Popular Cryptocurrency After Hyperliquid