Maple

Spartan

Crypto lending platform <a href="https://tokeninsight.com/en/coins/maple-finance/overview" rel="noopener noreferrer nofollow">Maple Finance</a> announced it has raised $5 million in funding co-led by BlockTower Capital and Tioga Capital, with participation from Cherry Ventures, The Spartan Group, GSR Ventures, and others. The funds will be used to support the platform's strategic expansion in the APAC region, as well as its newly launched direct lending arm called Maple Direct.Maple Finance CEO Sidney Powell said, "The network is poised to further scale its technology and forge partnerships that enable compliant and seamless lending and borrowing adoption across the APAC region, specifically in Singapore, Japan, Hong Kong and Korea."In addition, Maple Finance announced it will expand its stablecoin management product on Solana.Related: <a href="https://tokeninsight.com/en/news/maple-finance-to-offer-crypto-collateralized-loans-to-web3-businesses" rel="noopener noreferrer nofollow">Maple Finance to Offer Crypto-Collateralized Loans to Web3 Businesses</a><img src="https://s2.tokeninsight.com/static/calendar/img202308220833351bf57dbb-21e2-477e-9c08-cf1b83aa6e5a.jpg"><ul><li>Stay updated with the most important <a href="https://tokeninsight.com/en/news" rel="noopener noreferrer nofollow">cryptocurrency news</a> and valuable insights, conveniently delivered to your email every day. <a rel="noopener noreferrer nofollow" href="https://mailchi.mp/tokeninsight/newsletter">Subscribe to the TokenInsight mailing list now!</a></li><li>Prefer social media? Follow us on <a rel="noopener noreferrer nofollow" href="https://twitter.com/tokeninsight">Twitter</a>, or subscribe to our <a rel="noopener noreferrer nofollow" href="https://t.me/TokenInsightchannel">Telegram channel!</a></li><li>If you have news reports or announcements that you want to reach a wider audience, feel free to email us at <a rel="noopener noreferrer nofollow">news@tokeninsight.com</a></li></ul>

Crypto Lending Platform Maple Finance Raises $5M Co-Led by BlockTower Capital and Tioga Capital

TokenInsight

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