Sequoia Capital India Blesses Crypto Protocol Beta Finance with Investment Round
Posted on 10/29/2021
Beta Finance is a decentralized finance (DiFi) protocol that has developed a one-click solution for lending, borrowing, and shorting of any crypto asset. The private investment round was led by Sequoia Capital India. ParaFi Capital, DeFiance Capital, Spartan Group, GSR, Delphi Digital and Multicoin Capital also participated. The Series round was US$ 5.75 million.
Allen Lee founded Beta Finance. Beta Finance is built atop the Ethereum blockchain. Beta Finance has a digital coin called BETA that trades on Binance.