Odaily News According to an official announcement, TownSquare, a modular money market protocol built on Monad, announced the completion of a builder round of financing, with institutional investors including Typhon Ventures, Bixin Ventures, Dorahacks Ventures, Mulana Capital and Ankaa.
It is reported that TownSquare focuses on providing leveraged income and cross-chain lending services. The protocol is natively built in a cross-chain environment, with Monad as the core. Its vault system provides native integrated components for passive income and leveraged income experience. The protocol adopts a modular architecture and combines the team's rich experience to bring higher efficiency, stronger cross-chain interoperability and more optimized income to decentralized finance.