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Finance Redefined: Binance leads $60M Multichain funding, Interlay raises $6.5M, Dec. 17–24
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Welcome to the latest edition of Cointelegraph’s decentralized finance newsletter.
As the crypto community filled its crypto stockings for the holiday season, the Grinch emerged to gift a grimacing fate to two DeFi platforms, stealing their festive spirit and a whole lot of dollars.
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Binance Labs, the venture capital side of global crypto exchange Binance, facilitated a $60-million capital funding raise for cross-chain router protocol Multichain. Other notable participants included Sequoia China, IDG Capital and Three Arrows Capital.
Amid Multichain’s corporate rebrand from AnySwap last week, analytical
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