Structure Raises $20M to Make DeFi Mainstream- and Mobile-Friendly

Posted on by American Coins & Gold

Structure Raises M to Make DeFi Mainstream- and Mobile-Friendly
Trading platform Structure has secured $20 million in financing at an approximately $150 million valuation. The funding included a seed round led by Polychain Capital and proceeds from a sale of Structure’s STXR token.The funds will help Structure develop a mobile app as it looks to become a mainstream gateway to the world of decentralized finance (DeFi). Observers have placed 2022 as a potential banner year for fintech–DeFi mashups as crypto familiarity ticks upward in the general population.Launched earlier this year, Structure plans to let users make zero-commission investments in tokenized stocks and exchange-traded funds (ETFs), options and cryptocurrencies, the…