DeFi protocol Shogun completes $6.9 million seed round of financing, led by Polychain Capital and others

Odaily News Intensity Labs, the developer of the intention-centric DeFi protocol Shogun, announced the completion of a $6.9 million seed round of financing at a valuation of $69 million, led by Polychain Capital and DAO5, with participation from Arrington Capital, Arthur Hayes' family office Maelstrom and Build-a-Bera, as well as angel investors such as Cobie, Ansem, Ser Shokunin and Meltem Demirors. (TheBlock)