Filecoin liquidity leasing protocol Glif completes US$4.5 million in financing, led by Multicoin Capital

The Filecoin liquidity leasing protocol Glif has completed a $4.5 million financing round, with Multicoin Capital leading the funding. Zee Prime Capital, Fintech Collective, Big Brain Holdings, Protocol Labs, and other investors also participated. According to Filfox data, Glif is currently the largest protocol in the Filecoin ecosystem, with a total locked value of over $139 million. Glif enables Filecoin token holders, storage providers, or miners to earn rewards by depositing tokens into its protocol. Glif plans to launch a reward program by the end of the first quarter of 2024, providing users with points.

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