Stablecoin Protocol Level Secures $2.4 Million Funding Round, Backed by Flowdesk, Native Crypto, and Others

BlockBeats News, March 18th, according to CoinDesk, stablecoin protocol Level has completed a $2.4 million financing round, bringing the total financing to $6 million. This round of investors includes Flowdesk, Native Crypto (a crypto fund under the Echo Consortium), Feisty Collective (a venture capital firm under Path), and other angel investors.

Level plans to add Morpho to its revenue streams in the coming weeks and expand the utility of lvlUSD beyond staking.