The post Brine Fi Raises $16.5 Million Led by Pantera Capital at $100 Million Valuation! appeared first on Coinpedia Fintech News
The decentralized cryptocurrency exchange Brine Fi has secured $16.5 million in a recent funding round led by Pantera Capital. The investment comes at a time when the crypto industry has seen a downturn, with venture capital becoming scarce and trading volumes dropping. Despite this, Brine Fi was able to achieve a valuation of $100 million through this latest investment. The funds raised will be used to further develop the DEX and expand its user base.
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