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Canopy has completed a $1.20 million financing to build a DeFi yield aggregation platform on Movement.

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#Fundraising
ForesightNews
263Words
Jan 30, 2025

According to Foresight News, the DeFi yield strategy platform Canopy has announced the completion of a $1.20 million financing round, with investors including Mechanism Capital, CitizenX, Primitive, GSR, and Side Door Ventures. Canopy plans to utilize this financing to accelerate the construction of DeFi infrastructure within the Movement Network ecosystem and to introduce more liquidity.

According to Foresight News, the DeFi yield strategy platform Canopy has announced the completion of a $1.20 million financing round, with investors including Mechanism Capital, CitizenX, Primitive, GSR, and Side Door Ventures. Canopy plans to utilize this financing to accelerate the construction of DeFi infrastructure within the Movement Network ecosystem and to introduce more liquidity.

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