Scallop Protocol, a burgeoning force in the decentralized finance (DeFi) space, has announced a successful $3 million funding round, co-led by CMS Holdings and 6th Man Ventures. The strategic investment round, marking the beginning of Q1 2024, also saw significant contributions from Kucoin Labs, Blockchain Founders Fund, and UOB Venture Management, among others. This recent investment underscores the burgeoning interest and confidence in Scallop Protocol's mission to reimagine lending and borrowing on the Sui Network.
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USDC
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