Solana’s Orca Secures $18 Million Fund With Polychain
- Orca raised $18 million in a Series A funding round.
- The investment will set their path toward making Orca the go-to swap for Solana.
Solana-Powered Defi platform Orca, raised $18 million in a Series A funding round.
The decentralized exchange (DEX) platform announced the news on Wednesday. Orca stresses that it secured $18 million in a Series A investment round with Polychain, Placeholder, and Three Arrows co-leading the funding.
According to the decentralized finance (DeFi) platform, the investment will jumpstart their path toward making Orca the go-to swap for the Solana ecosystem.
In addition, Orca stated that it has $300 million total-value locked (TVL) into the platform. Also, Orca noted that the $18 million in financing originates from well-known investors. This includes Polychain, Three Arrows, and Placeholder. Moreover, there were also other participants like Defiance, Read more: https://coinquora.com/solanas-orca-secures-18-million-fund-with-polychain/
Text source: News – CoinQuora – Latest Cryptocurrency and Block
