Amalgam completes a $2.50 million seed funding round, with leading investment from Framework Ventures.

Decentralized lending exchange (DLEX) Ammalgam announced the completion of a $2.50 million seed round of financing led by Lightspeed Faction and Framework Ventures. Robot Ventures, Bodhi Ventures, NGC Ventures, DeWhales, Blockchain Founders Fund, as well as angel investors Kain Warwick, Anton Bukov, Spencer Noon, and Jordi Alexander participated. The new funds will be used to drive the protocol's growth and development, including expanding the core team and product development. (Coindesk)