DeFi protocol Spicenet completes $3.4 million seed round of financing, led by Hack VC and others

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Foresight News reported that DeFi protocol Spicenet has completed a $3.4 million seed round, led by Hack VC and Magnus Capital, with participation from TPC Ventures, Public Works, WAGMI Ventures, DoraHacks, P-OPS Team, and The Rollup Ventures.

Spicenet will integrate solutions and market makers into a single network, and will allow for two forms of liquidity from other chains without the need to cross-chain assets to Spicenet. Additionally, Spicenet will launch its private testnet, with the final bug fixes currently underway.

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