in

New fund aims to put hundreds of millions toward Algorand DeFi growth

The pool of capital is called the Viridis DeFi fund and is headed up by the Algorand Foundation — a group that was responsible for the Algorand blockchain and its ecosystem development. “This fund will provide 150 Million Algo to fuel the significant early growth of the DeFi ecosystem on Algorand,” according to a Friday post on the Algorand Foundation’s website.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

Price analysis 9/10: BTC, ETH, ADA, BNB, XRP, SOL, DOGE, DOT, LUNA, UNI

Diem struggling to win over officials in Washington despite rebranding efforts