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BlockTower co-leads $5 million strategic funding round for Maple Finance

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Maple Finance will use the funds to expand across Latin America and the Asia-Pacific and to create new partnerships.

Maple Finance raised $5 million in strategic funding co-led by BlockTower Capital and Tioga Capital.

BlockTower Capital and Tioga Capital led the fundraise, which saw additional participation from Cherry Ventures, The Spartan Group, GSR Ventures, Veris Ventures, Maven 11 Capital and Framework Ventures, the companyMaple Finance will use the funds to bolster expansion in Latin America and the Asia-Pacific, as well as to create new partnerships with other protocols, financial services providers and credit experts.

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