According to Foresight News, DeFi protocol Amphor has successfully raised $4 million in seed funding, with participation from over 80 angel investors. The funds raised will be utilized for team expansion, building its technology stack, and extending to other blockchain networks.
Amphor aims to simplify investments in the DeFi sector for ordinary investors by leveraging algorithms and on-chain technology solutions. This funding round marks a significant step towards achieving this goal, as it will allow the company to enhance its technical capabilities and broaden its reach in the blockchain ecosystem.
