Deep Tide TechFlow News, on December 17, the DeFi application layer Rujira stated on its official blog: "Rujira has successfully raised $7 million from a group of investors who got involved early after the merger announcement. With this funding, we are capable of executing our plans without the need for additional funding at this time. In the future, if necessary, we will be able to secure additional funds through over-the-counter transactions to further support the development of Rujira. The completion of this round of financing has also cleared a key obstacle for the RUJI TGE, which is currently expected to take place in February next year. As always, this timeline is for reference only and may change."
According to reports, Rujira is a DeFi application layer on THORChain, created by the Rujira Alliance between Kujira, Levana, and THORChain. It combines Kujira's DeFi tools with THORChain's liquidity and cross-chain functionality, enabling seamless, bridge-free access to blockchain networks.
