DeFi protocol Concordia raises $4 million in funding, co-led by Tribe Capital and Kraken Ventures

Concordia, a DeFi protocol, raises $4M in funding from Tribe Capital and Kraken Ventures.

Concordia, a multi-chain risk and collateral management protocol for digital assets, has raised $4 million in funding with Tribe Capital and Kraken Ventures co-leading the round and Cypher Capital and Saison Capital also participating. The funding round follows the public testnet release on Aptos earlier this month, with the mainnet expected to launch in the coming months and will support other public chains.

Reference: https://www.coindesk.com/business/2023/06/16/defi-credit-protocol-concordia-raises-4m-in-round-led-by-tribe-kraken/

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