DeFi lending protocol startup Liquity raises $6 million in Series A round

On March 29, decentralized lending startup Liquity announced the completion of a $6 million Series A investment round.

In a blog post on the funding round, founder Robert Lauko wrote that "[t]his investment round will allow us to continue pursuing Liquity’s mission of improving access to on-chain borrowing, removing interest rates, and minimizing governance in DeFi." 

As to the specific plans for the latest funding, Lauko told The Block that "we're committed to keep improving our UI launch kit (that we are providing to third parties) by making it more user-friendly and accessible to a broader public." 

Investment firm Pantera Capital led the round, with participation from Nima Capital, Alameda Research and others.


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