DeFi protocol raises $10M from Bitfinex, Ava Labs despite turbulent market

Cointelegraph

Published Nov 23, 2022 09:00AM ET

Updated Nov 23, 2022 10:40AM ET

The ongoing crypto bear market has proven itself to be a builders market as investments continue to find projects with promise.

Onomy, a Cosmos blockchain-based ecosystem, just secured millions from investors for the development of its new protocol. The project merges decentralized finance (DeFi) and the foreign exchange market to bring the latter on-chain.

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