Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth
Crypto News

Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth

1 Minuten
7 months ago

After actively supporting Pendle since its launch in 2021, Spartan Capital has made a follow-on investment in Pendle Finance via an OTC purchase. Singapore-based digital asset investment firm Spartan Group has announced investment...

Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth
After actively supporting Pendle since its launch in 2021, Spartan Capital has made a follow-on investment in Pendle Finance via an OTC purchase.

Singapore-based digital asset investment firm Spartan Group has announced investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).

After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto venture capital arm Spartan Capital has made a follow-on investment in Pendle Finance through an over-the-counter, or OTC, purchase.

The firm emphasized that Spartan and Pendle have had a strong partnership since the DeFi’s project inception, noting that the latest investment aims to support the project in its further ambitions.

“At Spartan Capital, we recognize the transformative potential of Pendle and their pivotal role in driving the advancement of on-chain yield trading,” Spartan noted.

This is a developing story, and further information will be added as it becomes available.

0 people liked this article

Related Articles

Crypto News
3 Bullish Altcoins Predicted to Outshine Bitcoin (BTC) in November
These three altcoins have bullish-looking formations against Bitcoin (BTC) and can outperform it this month. While BTC has been mired in a massive increase over the past four weeks, these altcoins ...
7 months ago
1 Minuten
Crypto News
Coinbase fined $11k in Russia despite not operating there
A Russian court has ruled that American crypto exchange Coinbase failed to localize the personal data of its Russian clients. A court in Moscow on Nov. 9 has fined U.S.-based cryptocurrency exchang...
7 months ago
2 Minuten
Crypto News
Xapo Bank launches ETH, ADA, MATIC buying
Xapo Bank announced to crypto.news that it will become the first licensed retail bank to offer its customers the ability to buy, sell and hold Ethereum (ETH), Cardano (ADA) and Polygon (MATIC) cryp...
7 months ago
2 Minuten
Crypto News
Bitcoin Soars, Transaction Fees Spike, and Miners Rejoice
Bitcoin's value has climbed above $36,000, marking a significant rebound in the cryptocurrency's price. In parallel, transaction fees have surged, accounting for 27% of miners' block rewards in the...
7 months ago
1 Minuten
Crypto News
Could Avalanche (AVAX) Be The Next To Soar After Bitcoin's Recovery?
In the hyper-dynamic realm of cryptocurrencies, the broader market has recently witnessed a significant event—a full recovery of Bitcoin to its pre-crash trading levels.
7 months ago
5 Minuten
Crypto News
21 Million XRP Bought on Upbit as Price Jumps 20% Weekly
Anonymous whale has withdrawn more than ten million USD worth of XRP from major exchange
7 months ago
3 Minuten