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Banana Capital announces increase in fund size to $100 million to expand AI-driven DeFi strategies
According to ChainCatcher, investment fund Banana Capital announced plans to increase its fund size to US$100 million to expand AI-driven DeFi strategies for more efficient Web3 asset management and improve capital efficiency to cope with the risk of impermanent loss in decentralized exchange liquidity pools.
It is reported that the fund is developing an IT solution to help users effectively manage the capital and liquidity pools of any portfolio assets. Currently, it mainly serves cryptocurrency investors holding ETH, BTC or SOL in their portfolios.
It is reported that the fund is developing an IT solution to help users effectively manage the capital and liquidity pools of any portfolio assets. Currently, it mainly serves cryptocurrency investors holding ETH, BTC or SOL in their portfolios.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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