Decentralized exchange aggregator 1inch Network has concluded a sizable Series B investment round, raising $175 million as part of a broader effort to expand protocol utility and increase access to liquidity within the decentralized finance, or DeFi, market.
The investment round vastly exceeded the initial target of $70 million amid active participation from leading venture funds, 1inch Network disclosed Wednesday. Crypto-finance unicorn Amber Group led the funding round, which comprised roughly
Read more on cointelegraph.com