Amalgam announces the completion of a $2.50 million seed round financing.

Decentralized lending exchange (DLEX) Ammalgam announced the completion of a $2.50 million seed funding round, led by Lightspeed Faction and Framework Ventures, with participation from Robot Ventures, Bodhi Ventures, NGC Ventures, DeWhales, among others. The Ammalgam team stated that they will utilize this investment to drive the growth and development of the protocol, including expanding the core team of talents and enhancing the product development of current and future solutions. (CoinDesk)