TechFlow News, according to CoinDesk, fixed-income platform Strips Finance has raised $8.5 million through a token sale, with investors including Multicoin Capital, Sequoia Capital India, Fabric Ventures, and Morningstar Capital. The project plans to launch in November, initially offering an automated market maker (AMM) for interest rate swaps, with the product first released on the Arbitrum network. Additionally, Strips Finance plans to conduct a public token sale on its website on October 13.
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