cross-chain DeFi protocol EYWA has completed a new round of financing, with participation from 1inch co-founder and Kenetic Fund. As of now, the total amount of financing for the company has reached $8.5 million. It is reported that EYWA previously received $7 million in financing in May of this year, led by Curve Finance founder Michael Egorov and with participation from Fenbushi Capital, among others. In addition, it also received $500,000 in funding from the TON Foundation. The new funding is intended to support the development of its low-slippage DEX product, CrossCurve.
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