Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Information
Discover
Search
Login
简中
繁中
English
日本語
한국어
ภาษาไทย
Tiếng Việt
BTC
ETH
HTX
SOL
BNB
View Market
Banana Capital to raise $100 million to expand AI-driven DeFi strategy
2024-10-10 06:34:08
Odaily News Investment fund Banana Capital announced plans to increase its fund size to $100 million to expand AI-driven DeFi strategies for more efficient Web3 asset management and improve capital efficiency to cope with the risk of impermanent loss in decentralized exchange (DEX) liquidity pools. It is reported that the fund is developing an IT solution to help users effectively manage the capital and liquidity pools of any portfolio assets. Currently, it mainly serves cryptocurrency investors holding ETH, BTC or SOL in their portfolios. (Globenewswire)