According to BlockBeats, on August 28, Echelon Market, a general lending platform, announced the successful completion of a $3.5 million seed funding round. The round was led by Amber Group, with participation from Laser Digital, Saison Capital, 280 Capital, and Cypher Capital.
Echelon Market's core currency market operates through non-custodial pools, enabling asset lending. All positions are over-collateralized to protect lenders while offering borrowers maximum capital efficiency and cost-effective interest rates.
