Moma Protocol raises $2.25 million to create infinite liquidity for long-tail DeFi lending markets

Moma Protocol has announced a successful funding round that has seen the project raise $2.25 million from reputable VCs and investors.
The funds are set to create infinite liquidity for long-tail DeFi lending markets with the project set for an official version launch in Q2.

Led by Fundamental Labs and SevenX Ventures, Moma Protocol has successfully raised $2.25 million. According to a release shared with CNF, these funds will be used to create infinite liquidity for long-tail DeFi Lending Markets. The platform is able to meet users demand in scalability, liquidity and speculation in DeFi markets.
Lending has become one of the most critical elements of the DeFi industry. As such, the Moma Protocol will play a key role as the DeFi market grows. The platform will primarily open new lending markets for long-tail digital assets. Over the years, failed long-tail digital assets have been abandoned but with the Moma Protocol’s approach, they can be supported and given another chance.
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