TechFlow news, September 7 — Cryptocurrency lending firm Trident Digital Group has raised $8 million in seed funding led by White Star Capital and New Form, with participation from CMT Digital, Joint Effects, and Permit Ventures. Anthony DeMartino, CEO of Trident, previously served as Head of Risk Strategy at Coinbase and specializes in DeFi and derivatives trading. Going forward, Trident plans to launch a yield product that links returns to the risk-free rate while ensuring all deposits are backed by U.S. Treasuries.
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