Davos Protocol, an over-collateralized stablecoin project, has received investment from LD Capital.

BlockBeats News, on March 27th, the over-collateralized stablecoin project Davos Protocol announced that it has received investment from LD Capital. Davos Protocol currently supports the collateralization of MATIC to mint the stablecoin DAVOS. As previously reported by BlockBeats, on January 18th, Davos announced the completion of a $500,000 pre-seed funding round, with participation from Polygon Ventures and Polygon co-founder Sandeep Nailwal.