TechFlow reports on February 25 that, according to CoinDesk, the team behind Mavryk Network, a Layer-1 blockchain project focused on RWA, has announced the completion of a $5.2 million funding round to advance its plans in asset tokenization and decentralized finance (DeFi) integration.
The funding was co-led by Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures, and Atlas Fund. Mavryk Dynamics aims to streamline RWA tokenization and DeFi integration, making digital asset ownership more accessible. Its testnet provides users with an environment to explore decentralized applications (dApps), purchase test shares of RWAs, provide feedback, and earn rewards.
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