Huma Finance, a decentralized finance (DeFi) platform, recently announced that it has successfully raised $38 million in funding. This significant investment will be used to drive the platform’s expansion into Solana and Stellar’s Soroban.
The funding round was led by top venture capital firms, including Sequoia Capital and Andreessen Horowitz. This demonstrates a strong vote of confidence in Huma Finance’s mission and potential for growth in the DeFi space.
Huma Finance aims to provide users with a seamless and user-friendly DeFi experience on both the Solana and Stellar blockchains. By expanding into these ecosystems, Huma Finance will be able to reach a wider audience and offer more opportunities for users to participate in decentralized finance.
With the support of this new funding, Huma Finance is well-positioned to make significant strides in the DeFi space and establish itself as a leading platform for decentralized finance on Solana and Stellar’s Soroban.