Coinbase-backed Defi Startup Instadapp Raises $10 Mn Funding

by inc42.com posted 1month ago 1 views
Post the funding round, investors will get Instadapp's soon-to-be-launched INST tokens. : Investors will get Instadapp's soon-to-be-launched INST governance tokens in exchange for the funds The company has also been backed by Silicon Valley-based entrepreneur investors Naval Ravikant and Balaji Srinivasan Fintech startup Instadapp, which works in the burgeoning segment of decentralised finance (DeFi), has raised $10 Mn in its latest funding round from venture capital firm Standard Crypto, Yearn founder Andre Cronje, DeFi Alliance, Longhash Ventures, among others investors.

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