Hubble Protocol announced that it has raised a gargantuan $3.6 million in a pre-IDO seed funding event.
Hubble will use the raised funds to support and grow its zero-interest DeFi borrowing platform. Doing this, the company will supercharge the minting of Hubble’s Solana-native stablecoin, $USDH in the market.
Additionally, the funding event will strengthen the Hubble Protocol to build strong momentum for its $HBB-IDO launch in January 2022. To mention a few, Hubble’s funding program was supported by Delphi Digital, Jump Capital, CMS, Spartan, Mechanism Capital, and Three Arrows / DeFiance.
Not only these companies, but Capital, DeFi Alliance, Decentral Park Capital, and Digital Strategies also supported Hubble Protocol in the funding event.
DeFi Alliance Par …
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Source: Cryptocurrency - investing.com
