The DeFi project Term Structure successfully raised $4.25 million in investments

The DeFi project Term Structure successfully raised $4.25 million in investments

user avatar

by Max Nevskyi

3 years ago

The decentralized financial services platform Term Structure has successfully completed its initial investment round, raising $4.25 million. Investors in the round included HashKey Capital, LongLing Capital, MZ Web3 Fund, and Decima, with Cumberland playing a leading role in the investments.

It is noted that this is the company's second round of financing. According to information from CrunchBase, the company had already raised $2.5 million in September 2022, bringing the total funding to over $6.5 million.

The DeFi platform Term Structure offers its users services for providing fixed and term loans within the framework of decentralized financing. Additionally, the platform facilitates the buying and selling of cryptocurrencies on the secondary market through an internal order book trading system.

Fixed income products are one of the main elements of the traditional financial market structure. The demand for them is an important signal of the growing maturity of this sector.stated representatives of Cumberland

The venture company emphasized that the decision to invest in Term Structure was driven by its leading position in the market. In the official statement, it is specified that Cumberland focuses on supporting innovative and effective solutions that meet the current needs of the market.

Term Structure plans to use the raised investments to expand and improve its platform. The main goal is to develop new products that will help both companies and individual users better plan their financial flows in the field of decentralized finance (DeFi) and evaluate various investment opportunities.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Soluna and Bitdeer Expand Bitcoin Mining Partnership

Soluna and Bitdeer are increasing their Bitcoin mining capacity at Project Kati 1 in South Texas, adding approximately 7 MW of mining equipment to reach a total of 35 MW, with completion expected in November 2023.

user avatarSatoshi Nakamura

Microsoft Stock Surpasses 500 Mark Amid Analyst Buy Ratings

Microsoft's stock has climbed above the 500 level, opening at 509 during Tuesday's trading session. Analysts have given MSFT a buy rating, with predictions suggesting it could reach above 600.

user avatarJesper Sørensen

Oracle Integrates with Swift's Blockchain for Enhanced Banking Payments

Oracle announced a significant integration with Swift's blockchain ledger to facilitate tokenized deposit payments for banks.

user avatarRajesh Kumar

TRON DAO Rings Closing Bell at Cboe for TRXS Listing

TRON DAO rings the closing bell at Cboe Global Markets to celebrate the listing of TRXS, an exchange-traded product linked to TRX.

user avatarLucas Weissmann

MEXC Launches 'WE SEE YOU' Campaign to Highlight Individual Traders

MEXC has launched a new brand identity focused on the philosophy 'WE SEE YOU', emphasizing the importance of individual traders behind accounts.

user avatarFilippo Romano

Citi and Coinbase Enhance Partnership for Stablecoin Payments

Citi and Coinbase have expanded their partnership to facilitate stablecoin payments for corporate clients, allowing seamless transactions between traditional and digital currencies.

user avatarEmily Carter

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.