DeFi Protocol Thetanuts Finance Raises $17M for Expansion, New Partnerships

Decentralized finance platform Thetanuts Finance has closed a $17 million funding round led by Polychain Capital, Hyperchain Capital, and Magnus Capital. The funding will allow the company to create new partnerships with layer 1 and layer 2 networks, liquidity providers, blockchain foundations, market makers, and exchanges. The funding comes as the industry continues to slowly climb out of the crypto winter deep freeze that nearly stalled the investment landscape. Thetanuts Finance offers crypto-structured products that cater to options traders, decentralized autonomous organizations, market makers, and other liquidity providers.

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