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Alchemix Announces $4.9 Million Raise Led By CMS, Alameda, And E-Girl Capital


Alchemix Announces $4.9 Million Raise Led By CMS, Alameda, And E-Girl Capital

A fast riser in the decentralized finance (DeFi) world has announced a $4.9 million raise today led by major industry venture capital groups — as well as some unusual, upstart players.


Alchemix, a DeFi lending protocol whose loans automatically repay themselves via deposits into other yield-bearing protocols, announced on Discord today a $4.9 million raise led by ten investors including industry mainstays CMS Holdings and Alameda Research, as well as upstart crypto VC players such as eGirl Capital.


Rounding out the investors are Immutable Capital, Nascent, Protoscale Capital, LedgerPrime, Fisher8 Capital, Orthogonal Trading, and one unidentified “individual.” Read More