According to BlockBeats, on September 12, DeFi abstraction layer INFINIT announced the completion of a $6 million financing. The financing was participated by Electric Capital, Mirana Ventures, Hashed, Arthur Hayes’ family office Maelstrom, Lightspeed Faction, Nomad Capital, Robot Ventures, Tangent, Presto Labs, etc. The funds will be used to promote the development of technical infrastructure and further achieve the goal of providing a seamless experience for DeFi protocol developers.
INFINIT simplifies DeFi development through a modular architecture, allowing developers to deploy without having to master complex programming languages. The platform supports the construction of a variety of DeFi applications, including money markets, DEXs, perpetual contract DEXs, and yield protocols, and is designed to allow anyone to build and publish DeFi protocols through the INFINIT front-end in minutes. INFINIT’s goal is to become a platform for DeFi developers to launch and expand DeFi protocols, obtain deeper liquidity, and expand distribution channels.
INFINIT currently supports 12 DeFi dApps with a cumulative TVL of more than $630 million, and plans to cooperate with chains such as Arbitrum, Mantle, Berachain and Monad.
