Defillama news and trends

Crypto Startups Take In $100 Billion From Investors in 10 Years
Cryptocurrency // June 16, 2024

In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg News, citing data from two sources: DeFiLlama which pegs the crypto sector’s total fundraising at $101 billion since 2014, and...

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Allo Secures $100 Million Credit Facility to Expand Crypto Lending Platform

December 24, 2024
Allo has secured a $100 million bitcoin-backed credit facility to expand its platform that helps institutions and individuals participate in crypto lending. The company’s solution bridges traditional finance with blockchain technology, Allo said in a Tuesday (Dec. 23) press release. “Bolstering its position in the bitcoin ecosystem, Allo has staked over 544 BTC (valued at […]

Crypto Startups Take In $100 Billion From Investors in 10 Years

June 16, 2024
In the years since the industry’s founding, cryptocurrency startups have pulled in around $100 billion. That’s according to a report Saturday (June 15) by Bloomberg News, citing data from two...