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Alkemi Network Launches Out of Stealth to Bridge CeFi to DeFi
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TORONTO, April 27, 2021 /PRNewswire/ - Alkemi Network is launching out of stealth as the world s first decentralized liquidity network to offer institutional DeFi. After closing a $4.6 million investment round with over $5 million of liquidity deposits seeded to the network, Alkemi is live on mainnet. The flagship borrowing and lending protocol, Alkemi Earn, provides centralized financial counterparties with compliant, turnkey access to DeFi.
Over the past 6 months, Alkemi has prioritized product, network reach and community buildout, whilst closing a growth round and onboarding 25 liquidity providers.
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