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DeFi platform Tulip attracted $25.5 million in Series A
Decentralized financial platform Tulip, founded by renowned developer Andre Cronje, has successfully completed a Series A private funding round. According to sources, the investment round secured $25.5 million from leading players in the crypto industry.
The Series A funding involved reputable investors such as Amber Group and Fasanara Digital. Both organizations have long specialized in supporting innovative DeFi projects and have extensive experience in the decentralized finance segment.
This funding was the result of active platform development. In the early stages, at the beginning of the year, Tulip had already raised $200 million. Thus, the total amount raised across both rounds reached $225.5 million, confirming strong investor interest in the project and its promising prospects in the decentralized finance market.