TechFlow news: DeFi project INIT Capital announced a $3.1 million seed funding round co-led by Electric Capital and Mirana Ventures. Investors participating in the round include Maelstrom, the family office of BitMEX founder Arthur Hayes; Robot Ventures; Nomad Capital; TANGENT; BanklessVC; Selini Capital; Faction; Leptokurtic, co-founder of Pendle and founder of Ethena Labs; Julian, co-founder of Aevo; Ashwin from Dragonfly; David Choi, founder of MetaStreet; and Tai Panich, CEO of SCB 10X.
INIT will use the funds to strengthen its technical capabilities, market strategy, and overall position as a key DeFi liquidity layer.




