The Cosmos-based DeFi protocol Onomy has completed a $10 million financing round, with participation from Bitfinex and others

ChainCatcher news, according to The Block, the Cosmos-based DeFi protocol Onomy has completed a $10 million funding round, with participants including Bitfinex, GSR Markets, Ava Labs, CMS Holdings, and DWF Labs. This round of financing aims to expand the team size.

It is reported that Onomy aims to integrate DeFi and the foreign exchange market, with products including a Layer 1 blockchain network and cross-chain bridges, as well as a decentralized exchange and non-custodial wallet named Onex. Onomy's mainnet will launch in the coming days. (source link)