DeFi platform TRONBANK completes strategic investment, BlockX leads the round
ChainCatcher news, according to Chainwire, TRON ecosystem infrastructure provider TRONBANK has announced that it has secured strategic investments from five international institutions, with BlockX leading the round with $10 million. Other participating institutions include: Sky Venture Labs, K300 Ventures, Blockin.Ventures, and Onebit Ventures.
According to the introduction, TronBank is a DeFi platform on the TRON blockchain, providing energy leasing, TRX staking, and on-chain yield services through secure and transparent smart contracts. TRONBANK is currently focused on three main areas: energy leasing, TRX staking finance, and yield optimization mechanisms.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CEA Industries discloses BNB holdings increased to 515,054 tokens, valued at approximately $481 millions
After the implementation of Kenya's new cryptocurrency law, a BTC ATM appears in a Nairobi mall
Analyst: ETF outflows and long-term holders selling are intensifying bitcoin selling pressure
