Reflect Money completes $3.75 million seed round financing, led by a16z CSX
BlockBeats News, on September 3, stablecoin project Reflect Money announced the completion of a $3.75 million seed round led by CSX Accelerator under a16z crypto, with participation from Solana Ventures, Equilibrium, BigBrain Holdings, and Colosseum.
The Reflect protocol tokenizes on-chain DeFi strategies, converting deposited USDC into interest-bearing "USDC+" while maintaining liquidity. Reflect will launch its mainnet in early September, with initial support for USDC on Solana.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin dominance drops to 55%, signs of altcoin rotation emerge
Compass Point gives Bullish a "Neutral" rating with a target price of $45
Trump's eldest son: American Bitcoin will establish the largest Bitcoin reserve in the United States
Trending news
MoreCrypto prices
More
