CosmicWireInc Raises $30 Million in a seed round for DeFi Platform Development

The post CosmicWireInc Raises $30 Million in a seed round for DeFi Platform Development appeared first on Coinpedia Fintech News

Web3 startup CosmicWire Inc. has raised $30 million in a seed round led by the Solana Foundation and Polygon. The blockchain companies plan to use the funds to expand their team and develop a DeFi platform that offers users lending, borrowing, and trading all within a simple interface. CosmicWireInc. aims to make DeFi accessible to all by bridging the gap between cryptocurrency enthusiasts and the general public. The innovative web3 industry restarts to gain momentum, with more investors and users identifying blockchain technology and DeFi’s potential to disrupt the financial world.