Stablecoin project defi.money completes strategic financing, with participation from LayerZero Labs and others

BlockBeats reported that on May 29, the stablecoin project defi.money completed strategic financing. This round of financing was participated by GBV Capital, LayerZero Labs, and a group of angel investors including Curve Finance founder Michael Egorov.

defi.money is an EVM-agnostic CDP protocol that combines Curve Finance's innovative liquidation mechanism LLAMMA, aiming to build a capital-efficient, scalable and truly interoperable USD stablecoin for anyone, anywhere.