According to TechFlow, Blast ecosystem DeFi lending protocol Pac Finance announced the successful completion of a million-dollar financing, led by Manifold and Mapleblock, with participation from Polychain and other angel investors.

Pac Finance 2.0 introduces a unique Relend system, which enhances liquidity aggregation and risk isolation through a layered market structure, further improving capital efficiency. The funds raised will be used for market expansion, team growth, operating expenses, and product development and innovation.