Level raises $3.6M in a funding round
#Level secures $3.6M in a funding round co-led by Polychain Capital and DragonFly Capital with participation from Robot Ventures, Global Coin Research, EI Ventures, Pier Two and angel investors. Additionally, Level launched its Deposits Program, where users can deposit USDT on its website to start earning Level XP and secure a spot on the waitlist to mint lvlUSD in the coming weeks.
Level is a stablecoin protocol backed by restaked dollar tokens, which performs restaking on the user's behalf when they mint its stablecoin using other stablecoins.
👉 x.com/levelusd/status/1829135617621365116