DeFi protocol Exotic Markets has raised US$5 million in funding from several top crypto venture capital (VC) firms and investors in its latest funding round.
The DeFi protocol aimed at bringing wealth management products and services into the DeFi space also announced that its private token sale round continued to draw attraction from the wider crypto industry as the ‘demand for structured products swells’. Lead investors in Exotic Markets’ US$5m private token sale include Multicoin and Ascensive Assets. The round also included investments from Alameda Research, Animoca Brands, Morningstar Ventures, Solana Capital TPS, and others.
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