Folks Finance
Capital markets protocol for borrowing and lending
Folks Finance
@Folks FinanceFollowers136.00 K
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On-chain leveraged trading protocolFolks Finance is a capital markets protocol for borrowing and lending, built on top of Algorand. Users can deposit assets to accumulate yield, take loans by providing collateral, swap assets via Folks Router, and participate in Algorand Governance through gALGO and xALGO assets.
Investors
Borderless Capital
Mapleblock
Algorand Foundation
Absoluta Digital
SkyBridge20 Ventures
Coinbase Ventures
ParaFi Capital
OKX Ventures
Youbi Capital
Jump Crypto
Polymorphic Capital
ZBS capital
Meld Ventures
Eterna Capital
Valhalla Capital
Gains Associates
Genesis Trading
Calvin LiuS
Sovo VenturesA
Algorand VenturesD
David GarciaFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Series A | $3.20M | $75.00M | 2024-11-13 |  Borderless Capital* Mapleblock+ 2 |
Strategic | -- | -- | 2024-02-05 |  Algorand FoundationMapleblock+ 2 |
Seed | $3.00M | -- | 2022-01-19 | Borderless Capital* Coinbase Ventures+ 14 |