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Decentralized lending exchange Ammalgam completes $2.50 million seed round

Decentralized Lending Exchange (DLEX) Ammalgam announced the completion of a $2.50 million seed round led by Lightspeed Faction and Framework Ventures, with participation from Robot Ventures, Bodhi Ventures, NGC Ventures, DeWhales, Blockchain Founders Fund, and angel investors such as Kain Warwick, Anton Bukov, Spencer Noon, and Jordi Alexander. The new funds will be used to drive the growth and development of the protocol, including expanding the core talent team and product development.