DeFi Alliance Launches $15 Million Investment Fund
A proactive coalition of decentralized finance experts and investors known as the DeFi Alliance has announced its first fund to encourage innovation in the nascent financial sector, Decrypt reports.
DeFi Alliance, which includes Robert Leshner of Compound Finance, Stani Kulekhov of Aave and Kane Warwick of Synthetix, was launched with a mission to grow the sector to a billion users by 2025.
"Alliance Fund I" was created by its members and led by founding partners along with entrepreneur Mark Cuban.
The lead investors in the $15 million fund are CMT Digital, Cumberland DRW, Susquehanna (SIG) and Mark Cuban, who has been very active in the non-interchangeable token (NTF) space lately.
