News on November 1st, Decentralized Finance (DeFi) platform Beta Finance said on Friday that it has received US$5.75 million in financing.
The investment was led by Sequoia Capital India, with participation from ParaFi Capital, DeFiance Capital, Spartan Group, GSR, Delphi Digital and Multicoin Capital.
Beta Finance provides users with solutions for borrowing and shorting cryptocurrencies, and is committed to providing users with an easier way to hedge risks.