KnitFinance Raises $1M in a Round Led by Leading Blockchain Investors

[PRESS RELEASE – Please Read Disclaimer] May 6, 2021, British Virgin Islands – KnitFinance, the first Polkadot-based cross-chain asset wrapping protocol is pleased to announce that it has successfully raised $1 million in its latest fundraising round. This comes as KnitFinance approaches its SHO on DAO Maker scheduled to take place on May 17. The project’s initial market cap is ultra-low with immense scope for exponential growth.
Reputed blockchain technology investors who helped successfully close the funding round include DAO Maker, AU21 Capital, LD Capital, Orion, x21, Nabais Capital, Insight Capital, Momentum 6,, pSquare Capital, Chronos Ventures.
Apart from the above, CXOs of many prominent projects have also pledged their support as investors. The fundraising attracted immense participation, leading to 50x growth commitments.
Along with capital support, the investors have joined hands to bootstrap liquidity on platforms like Uniswap and to help offer a smooth ex

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