Infinit Raises $6 Million to Build DeFi Abstraction Layer, Supports $630 Million TVL

Sep 12, 2024, 02:33 PM

DeFi abstraction platform Infinit has successfully raised $6 million in a funding round led by Electric Capital, Mirana, Hashed, and Arthur Hayes' Maelstrom. This funding will be used to build the first DeFi abstraction layer, a significant step towards Infinit’s goal of becoming the backbone of decentralized finance by providing end-to-end infrastructure. Infinit has already supported protocols with over $630 million in total value locked (TVL).