TechFlow reports that Origami Finance, an automated leverage protocol, yesterday announced the completion of a $1.5 million seed round. Investors include Ouroboros Capital, Fjord Foundry, Good Partners, Upside, BeraLand, TempleDAO, Boba Tea Capital, Three Three Ventures, and angel investors such as DCF God, RiffRaff, and janitooor.eth.
The new funding will be used to develop its auto-leverage protocol launching on Ethereum and BeraChain, supporting integration with third-party lending services to enable automated yield-bearing token (YBT) exposure, thereby improving capital efficiency and reducing liquidation and bad debt risks, with TVL exceeding $50 million.
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