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It would need a substantial infusion of liquidity from top assets for DeFi to truly achieve mainstream significance and get transformed into a trillion dollar ecosystem. Right now the decentralized finance ecosystem can only access a tiny section of the $2 trillion cryptocurrency market.
KnitFinance aims at enabling Multiple Blockchain networks to conduct DeFi transactions, and reducing entry barriers and asset risk for potential users. For this the platform has achieved a few milestones which will help drive its momentum to achieve its intended objective.
For starters, KnitFinance has successfully raised $1 million in its latest fundraising round from leading blockchain technology investors. Post this Knit will conduct its SHO on DAO Maker on May 17. For now let’s take a look at how support from investors and other aspects will play out for the platform.
With $1M Worth of Funding, KnitFinance Charges Ahead to Unlock Trillion Dollar Market in DeFi newsbtc.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from newsbtc.com Daily Mail and Mail on Sunday newspapers.