According to official news from Wu Shuo, the Movement ecological DeFi project Meridian has announced the completion of a $4 million seed round of financing. ParaFi Capital and Borderless Capital co-led the investment, with participation from Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures. The funds will be used to expand the team and hire engineering, product, and marketing staff. Meridian is a decentralized liquid staking protocol platform built on the Movement network. Meridian is currently running on the Movement testnet and plans to launch alongside its mainnet.

DEFI

<div>According to official news, the Movement ecosystem DeFi project Meridian has announced that it has completed a $4 million seed round financing, led by ParaFi Capital and Borderless Capital, with participation from Amber Group, Saison Capital, Interop Ventures, and Oak Grove Ventures. The funding will be used to expand the team and hire engineering, product, and marketing staff. Meridian is a decentralized liquid staking protocol platform built on the Movement network. Meridian is currently operating on the Movement testnet and plans to launch simultaneously with its mainnet.<br/></div>

The Movement ecosystem DeFi project Meridian has completed a $4 million seed funding round, led by ParaFi Capital and Borderless Capital.