Ethereum-based DeFi platform DeversiFi raises $5M in strategic investments

DeversiFi, an Ethereum-based layer-two decentralized finance platform, has secured $5 million in strategic investments from some of crypto’s biggest venture capital firms, sending a strong signal that demand for DeFi opportunities remains strong. DeversiFi intends to make DeFi trading more accessible, allowing users to invest, trade and send tokens without having to pay gas fees. The platform announced its DVF governance token on March 25 with a fixed supply of 100 million. The decentralized exchange relaunched as DeversiFi 2.0 in June 2020, incorporating the Starkware kSTARK layer-two scaling technology. Continue Reading on Coin Telegraph We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

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