Infinity Exchange, a new platform providing institutional grade capital efficiency in decentralized finance (DeFi), announced a $4.2 million seed round in a bid to boost institutional adoption for DeFi.
Infinity Exchange is led by ex-Morgan Stanley executive Kevin Lepsoe, who left the world of traditional finance with sights set on the possibilities provided for investors through DeFi.
However, the founder says that institutional investment is critical to building the next evolution of DeFi 2.0 for strong economic foundations.
According to Lepsoe, with access to a full rates product suite, with fixed-to-floating rates, there will be more secure opportunities for institutional investors and equality in rates for individuals.
“The beauty is now individual investors will have comfort knowing they have access to the same markets that institutional investors do, and