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Crypto VC agency Spartan Capital invests in Pendle to drive DeFi progress

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Singapore-based digital asset funding agency Spartan Group has announced funding within the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).

After actively supporting Pendle since its launch in 2021, Spartan Group’s crypto enterprise capital arm Spartan Capital has made a follow-on funding in Pendle Finance by an over-the-counter, or OTC, buy.

The agency emphasised that Spartan and Pendle have had a powerful partnership because the DeFi’s challenge inception, noting that the most recent funding goals to help the challenge in its additional ambitions.

“At Spartan Capital, we acknowledge the transformative potential of Pendle and their pivotal position in driving the development of on-chain yield buying and selling,” Spartan famous.

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