TechFlow News — Backd has raised $3.56 million in a new funding round led by Advanced Blockchain AG, with participation from Spartan Group, Maven 11 Capital, Struck Crypto, Apollo Capital, and Divergence Ventures.
Backd maximizes compound yields for DeFi users by deploying reactive liquidity pools. Through its yield-aggregating liquidity pools and core protocol architecture, Backd automatically delegates liquidity to external protocols, thereby enhancing asset utility and efficiency.
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