PANews reported on July 26 that according to official news, LayerPixel, a DeFi solution designed for Telegram, announced the completion of a US$2 million seed round of financing, led by Kenetic Capital, with participation from Waterdrip Capital, Foresight Ventures, VentureSouq, Web3Port, Microcosm Labs, TON Market Maker Club and others. This funding will help LayerPixel accelerate the development and integration of its DeFi solution suite in the Telegram mini-program ecosystem.
LayerPixel said that by providing an all-in-one platform equipped with an intuitive wallet PixelWallet, a DEX called "PixelSwap", and the oracle Pixacle, LayerPixel aims to make blockchain financial services accessible to everyone in the TON ecosystem.