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Gauntlet raised $125 million from SBI Holdings for expansion in DeFi risk management and asset allocation.
Amount Raised
$125 Million
Round Type
Funding Round
Investors
Description
The DeFi risk management and asset allocation platform Gauntlet raised $125 million exclusively from Japanese financial group SBI Holdings. This investment aims to enhance Gauntlet's capabilities in the rapidly evolving decentralized finance sector. SBI's participation underscores the increasing interest of traditional finance in crypto-related ventures. The funding will be utilized for growth and development initiatives.
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Funding Insights
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