Hubble Protocol Raises $3.6M in Pre-IDO Event To Support Its Zero-Interest DeFi Platform
- Hubble Protocol raises $3.6 million in a pre-IDO seed funding round.
- Hubble will use the fund to support its zero-interest DeFi borrowing platform.
- Delphi Digital, Jump Capital, CMS, Spartan, Mechanism Capital led the funding event.
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 ...
Text source: News – CoinQuora – Latest Cryptocurrency and Block
