Spartan Group announced a further investment in Pendle and has purchased tokens through an OTC channel.

BlockBeats reported on November 9th that Spartan Group announced on social media that it recognized the transformative potential of Pendle and its key role in advancing yield trading on the chain. The company has purchased tokens from Pendle through OTC channels, but the specific amount has not been disclosed. Through this strategic investment, Spartan Group will be able to further support Pendle's next steps. Previously, in April 2021, DeFi protocol Pendle announced a $3.7 million financing round, led by Mechanism Capital, with participation from Crypto.com Capital, Hashkey Capital, Spartan Group, and others.