Rhythm BlockBeats news, October 1, in addition, Polkadot-based cross-chain DeFi operating system Reef Finance announced on Wednesday that the company has completed $3.9 million in seed financing. This round of investment includes NGC Ventures, AU21 Capital, QCP Capital, Kenetic Capital and Woodstock Fund.
Reef Finance CEO Denko Manceski said that Reef's goal is to resolve the high-tech barriers investors face when they try to participate in DeFi. Manceski said: "Ordinary retail investors entering the DeFi market are confused." Manceski said that in order to eliminate the troubles caused by the typical DeFi user experience, Reef provides a one-stop service that integrates global liquidity aggregators and liquidity The mining aggregator is combined with asset management products.
So far, Reef has collaborated with Polkadot on some projects, such as Plasma and Crust Network. The company said it also plans to integrate with Chainlink and Bluzelle.