Falcon Finance received a strategic investment of $10 million from World Liberty Financial

ChainCatcher news, according to official news, Falcon Finance has received a strategic investment of 10 million USD from World Liberty Financial.

World Liberty Financial is the issuing team of the fiat-backed stablecoin USD1. Currently, USD1 has become one of the collateral types supported by the Falcon platform. Both parties will collaborate on the construction of an on-chain dollar standard.

Falcon Finance, as a decentralized collateral infrastructure, primarily provides on-chain liquidity and yield services. This cooperation will further promote the development of its cross-platform stablecoin business.