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Kinto receives $20M funding from Brevan Howard Digital: Traditional firms entering DeFi space?

CoinGape LogoCoinGape3d ago

Kinto receives $20M funding from Brevan Howard Digital: Traditional firms entering DeFi space? - CoinGape

Quick Summary:

Kinto, the on-chain financial platform built atop Ethereum, received on Monday a whooping 20 million dollars funding by Brevan Howard Digital, the digital assets division of the prominent global alternative investment management firm.

We are happy to share that @BHDigitalAssets deployed $20m in assets on Kinto, participating in our mining program.

The received funding will most probably be used by Kinto to support it’s on-chain mining program.


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Kinto receives $20M funding from Brevan Howard Digital: Traditional firms entering DeFi space? - CoinGape (Picture 1)

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Article Details

Author / Journalist: Sneha Agrawal

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-18 @ 17:06:26 (3 days ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 387 words

Reading Time: 3 minutes read

Sentences: 39 lines

Sentence Length: 10 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 26256986

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 31 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Kinto receives $20M funding from Brevan Howard Digital: Traditional firms entering DeFi space?" has 387 words across 39 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Kinto receives $20M funding from Brevan Howard Digital: Traditional firms entering DeFi space?" was covered 3 days ago by CoinGape, a news publisher based in India.

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The outlet is headquartered in India and publishes an average of 31 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26256986
  • URL: https://chronographically.beamstart.com/news/kinto-receives-20m-funding-from-17398985849937

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