Automated leverage agreement Origami Finance completes $1.5 million seed round of financing, with Fjord Foundry and others participating

According to official news, the automated leverage protocol Origami Finance announced the completion of a $1.5 million seed round of financing, with participation from Ouroboros Capital, Fjord Foundry, Good Partners, Upside, BeraLand, TempleDAO, Boba Tea Capital, Three Three Ventures, and angel investors such as DCF God, RiffRaff, and janitoor.eth. The relevant valuation information has not yet been disclosed. The new financing will be used to build its automated leverage protocol launched on Ethereum and BeraChain, supporting integration with third-party lending services, and enabling automated exposure to folded yield tokens (YBT), thereby improving capital efficiency and reducing liquidation and bad debt risks, with a TVL of more than $50 million.