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DEX aggregator 1inch closes $175 million funding round, wants to ‘open doors to DeFi’

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DEX aggregator 1inch Network closed a $175 million Series B round of funding, as per reports. With that, the liquidity sourcing business is now valued at a massive $2.25 billion.

Hong Kong-based Amber Group reportedly led the round, along with 50 more participants including the likes of VanEck and Celsius.The DeFi industry with a TVL of $277 billion has seen skyrocketing interest this year.

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