DeFi protocol Folks Finance receives strategic investment from Danu Ventures

Odaily News DeFi protocol Folks Finance announced that it has received strategic investment from Danu Ventures, and the specific amount has not been disclosed. The new financing will be used to promote its accelerated cross-chain expansion, supported by Chainlink, Wormhole, and Circle message layer technology. Earlier in February, Folks Finance announced the completion of a strategic round of financing, with Algorand Ventures participating. Folks Finance previously received support from Borderless Capital, Jump, Parafi, and Coinbase Ventures.