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TechFlow news, October 23 — According to The Block, centralized lending protocol Fluid Protocol has announced the completion of a $3.9 million seed funding round, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, and Maelstrom.
Fluid announced it will launch its native stablecoin USDF, and the new funds will accelerate the development and rollout of USDF, finance security audits to ensure protocol safety, and expand the team.
According to The Block, centralized lending protocol Fluid Protocol announced a $3.9 million seed funding round, with participation from Bloccelerate, Animoca Ventures, CMS Holdings, and Maelstrom. Fluid announced it will launch its native stablecoin USDF, and the new funds will accelerate the development and rollout of USDF, fund security audits to ensure protocol safety, and expand the team.
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