DEFI Money Announces Strategic Round Backed by GBV Capital and Morningstar Ventures

Other participants of the round include Alex Shin, Amplice_eth, Carlos Pereira, DeFi Lama, Curve Cap, Ellio Trades, Ivangbi, Kinnif, LayerZero Labs, One Man DAO, Piers Kicks, and more. The funding will be used to build their stablecoin and infrastructure.

Morningstar Ventures
morningstar-ventures
2 min readJun 3, 2024

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Website: https://defi.money/

We participated in DEFI Money’s strategic round in collaboration with GBV Capital and several notable angel investors. DEFI Money is developing a stablecoin that runs on the Curve Finance architecture with built-in interoperability to offer superior scalability.

Other participants of the round include Alex Shin, Amplice_eth, Carlos Pereira, DeFi Lama, Curve Cap, Ellio Trades, Ivangbi, Kinnif, LayerZero Labs, One Man DAO, Piers Kicks, and more. The funding will be used to build their stablecoin and infrastructure.

We always look to support solid & impactful projects that are transforming the DeFi space.

Given the project’s mission to increase adoption by building scalable and interoperable solutions, we are thrilled to be a part of its journey.

Learn more: ➡️ here

About DEFI Money

defi money is an EVM-agnostic CDP protocol that combines Curve Finance innovative liquidation mechanism dubbed LLAMMA to build a capital-efficient, scalable, and truly interoperable USD stablecoin for anyone, anywhere. Its native token $MONEY unifies liquidity across the entire EVM by being natively interoperable, dissolving silos between chains, and giving users the freedom to borrow outside of a single ecosystem. Purpose-built to seamlessly access capital anywhere.

About Morningstar Ventures

Morningstar Ventures is an investment firm backing ambitious ideas by early-stage founders. Based in Dubai, Morningstar Ventures focuses primarily on the blockchain and digital assets space and is led by CEO Danilo S. Carlucci. The firm is active in token and equity investments and has a particularly strong focus on the MultiversX ecosystem.

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