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DeFiner, a self-described “decentralized finance network for crypto savings, loans, and payments,” has received an investment from Signum Capital, a “leading blockchain venture capital firm based in Singapore.” The goal with this money is to ensure the launch of its decentralized savings and lending products, according to a press release from the group.
Signum is one of the top investment firms involved with blockchain technology, according to the release. They will advise DeFiner on its launch of the platform, as well as participate in any future partnerships, the release continues. The goal, of course, is to expand the growing DeFi space even more.
Speaking on the matter is Jason Wu, the CEO of DeFiner, who said:
“We could not be more excited to work with Signum in bringing the next stage of our DeFi lending and savings platforms to life. Our partnership with Signum is a significant milestone in our journey to accelerate the mass market adoption of our products and services.”
This investment makes a significant year for DeFiner. The group is also entered a Techstars accelerator program meaning it will be exposed to even more investors and fellow startups, the release concludes.
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