Waterfall DeFi, a risk diversification protocol, has raised $2 | DeFi Check

Waterfall DeFi, a risk diversification protocol, has raised $2 million in seed funding

The investment will be used to further develop, deploy and market Waterfall DeFi to become the "first true risk diversification DeFi protocol" to help users better optimize their revenue farming strategies.

Waterfall DeFi announced the completion of $2 million in funding led by GBV Capital, Divergence Ventures and Ascensive Assets, joined by other key strategic investors including AscendEX, ROK Capital, Boxmining, Genblock Capital, Marshland Capital, Morningstar Ventures, One Block Capital, Portico Ventures, Synaps as well as well-known angels from the decentralized finance sector including CREAM Leo Cheng from Finance, Kevin Tai from Linear Finance and Xingshu Dong from IOSG Ventures.