TechFlow news, June 27 — According to an official announcement, TownSquare, a modular money market protocol built on Monad, has announced the completion of its builder funding round. Institutional investors include Typhon Ventures, Bixin Ventures, Dorahacks Ventures, Mulana Capital, and Ankaa.
TownSquare focuses on providing leveraged yield and cross-chain lending services. The protocol is natively built in a cross-chain environment with Monad at its core, and its treasury system provides native integration components for passive and leveraged yield experiences. Employing a modular architecture and leveraging the team's extensive experience, the protocol aims to bring higher efficiency, stronger cross-chain interoperability, and optimized yields to decentralized finance.
