NewsSep 23

Decentralized Finance Platform Libre Announces the Completion of Seed Round

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Libre Announces the Completion of $800,000 Seed Round

Summary

  • Libre DeFi announced the successful completion of its seed round
  • The seed round raised $800,000
  • Libre to launch in the 2021 Q4
  • Libre to create a one-stop shop for DeFi investors

On Wednesday, Libre DeFi announced the successful completion of its seed round after raising $800,000. This funding round was led by some of the best and most experienced investors in cryptocurrency, including Raptor Capital, Magnus Digital Assets, Ghaf Capital Partners, Moonrock Capital, Cinchblock, and Marshland Capital.

“We’re excited to partner with such great teams of industry experts who really see the value in what we are building. We truly believe the future is in DeFi and, more specifically, cross-chain DeFi protocols.” - Libre DeFi Founder and CEO Julian Vasil.

Through this funding, the Libre team will continue its building and development efforts on the ecosystem. The team plans to continue making the Libre platform more user-friendly and accessible by constantly advancing its value delivery possibilities.

The Libre platform is expected to go live in the last quarter of 2021 where staking and one-click farming will be unveiled at the launch. Libre will be available on Binance Smart Chain, Avalanche, and Polygon networks as a cross-chain platform.

Libre hopes to create a one-stop-shop for DeFi investors to access various yield farming options and NFT utilities and access the GameFi space.

Kibet Elikana
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