GloryFinance and Korean Technology Venture Capital Sign a $3.5m Seed Round Investment Agreement – Press release Bitcoin News

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GloryFinance and Korean Technology Venture Capital Sign a $3.5m Seed Round Investment Agreement

press releaseEarly Jan 2023, in GloryFinance’s Development office, the Project’s Core team and representatives from one of the top Korean Technology Venture Capital has signed in a seed round funding investment agreement with a value confirmed to be USD 3.5M.

GloryFinance is a newly launched DeFi project whose mission is to make DeFi adoption accessible for everyone and accelerate Blockchain’s applications sustainably across industries through Infrastructure development solutions.

In a call with news.bitcoin.com, Glory Finance’s representative was excited to share their ambitious plan to engage with more of global blockchain & web3 VCs globally regardless of the bear market condition citing that bear markets can benefit venture capital firms because shakier markets lead to lower valuations and more attractive entry points for potential investors. The Project targets a total fund of USD 10M for the seed round.

 

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