BlockBeats news, on September 10, the decentralized lending trading platform Ammalgam announced the completion of a $2.5 million seed round of financing, led by Lightspeed Faction and Framework Ventures, with participation from Robot Ventures, Bodhi Ventures, NGC Ventures, DeWhales, Blockchain Founders Fund and other institutions, as well as angel investors such as Kain Warwick, Anton Bukov, Spencer Noon and Jordi Alexander.
Ammalgam plans to use the investment to promote the growth and development of the protocol, expand the key talent team, and improve product development for existing and future solutions.