According to ChainCatcher, Amphor, a DeFi protocol incubated by hedge fund MEV Capital, announced the completion of a $4 million seed round of financing, with more than 80 angel investors in the crypto industry participating. The project aims to use algorithms and on-chain technology solutions to simplify investments in the DeFi field for ordinary investors. Its specific valuation data has not yet been disclosed.
It is reported that the new funds will be used to expand the team, build its technology stack, and expand other blockchain networks.