DeFi project InfiniFi completes $3 million Pre Series funding round, led by Electric Capital

The DeFi project InfiniFi announced the completion of a $3 million Pre Series funding round, led by Electric Capital, with participation from New Form Capital, Kraynos Capital, BaboonVC, and others. It is reported that InfiniFi is a DeFi system driven by depositors, and its upcoming launch of InfiniFi's Deposit Receipt Token (DRT) will be pegged to the US dollar and integrated with AAVE, Pendle, and Ethena (among other companies) in the second quarter of this year.