DeFi startup Blue completes $3.2 million financing, led by Fenbushi Capital and Blockchange Ventures

ChainCatcher news, DeFi startup Blue announced the completion of a $3.2 million financing round, led by Blockchange Ventures and Fenbushi Capital, with participation from DoraHacks, Knollwood Investment Advisory, Gate.io, and Wave Financial. Blue will use the funds from this round to complete audits and expand its core team, aiming to launch its licensed DeFi solutions in the market in the first quarter of 2023.

It is reported that Blue was a finalist project at the ETHDenver '22 hackathon in March 2022 and also participated in Binance's MVB program, aiming to provide customers with comprehensive DeFi solutions, including KYC and anti-money laundering (AML) verification. (Source link)