Another DeFi Startup Raises $1 Million

A startup under the jurisdiction of Singapore which is developing decentralized finance based on Bitcoin Cash raised more than $1 million investments. Most investors are key holders of BCH.

BCH DeFi Startup General Protocols Raises Over $1 mil

— General Protocols (@GeneralProtocol) May 7, 2020

The startup representatives published the press release saying the funds raised will help to significantly increase the staff and expand activities around the world.

The company believes that the first derivative product for decentralized finance is AnyHedge, which uses the unique technology of smart contracts of the Bitcoin Cash ecosystem.

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