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FalconX participates in $3M round for DeFi portfolio manager Bril Finance

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Bril Finance raised $3 million in seed funding from FalconX, Kosmos Ventures and the Algorand Foundation. It also officially launched on Sei.

Bril Finance is a decentralized portfolio management platform that uses algorithms and automatic token deployment to adjust a user's position.

"Bril seeks to become the leading TVL destination for yield-seeking DeFi users across ecosystems," O'Shea said."They are rolling out deployments on Sei and look to work with leading blockchains including Ethereum, Base, Avalanche, Polygon, Arbitrum and more." © 2023 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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