According to Odaily Planet Daily, Amphor, a DeFi protocol incubated by hedge fund MEV Capital, announced the completion of a $4 million seed round of financing, with more than 80 angel investors in the crypto industry participating. The project aims to simplify the investment of ordinary investors in the DeFi field by using algorithms and on-chain technology solutions. Its specific valuation data has not been disclosed yet, and the new funds will be used to expand the team, build its technology stack, and expand other blockchain networks. According to the project, only 1.4% of crypto users participated in DeFi.
