Acumen Received Investment from Blizzard

Published on: 19.01.2023
Acumen Received Strategic Investment from Blizzard

Acumen Received Investment from Blizzard, The Avalanche Ecosystem Fund. 

Bringing the world of DeFi and traditional finance together. Acumen Received Investment from Blizzard, they believe they can provide developing economy SMEs with cheaper finance.

Acumen Network allows depositors of all sizes to participate in the microfinance economy! After previously deploying over $250k worth of loans to SMEs in El Salvador, through their pilot launch, they are ready to open up pools for deposits of up to 20mm, starting on the Avalanche platform. They plan to expand globally as well as deploy across a wide range of EVM-Compatible networks including NEAR and FUEL.

About Acumen

Acumen is leveraging DeFi in order to provide sustainable yields, whilst empowering emerging economies. Acumen bridges crypto and traditional assets to provide a stable, uncorrelated yield to the community, enabling lower costs for capital to Small and Medium Enterprises (SMEs) globally.

The acumen micro finance dapp bridges crypto and traditional finance allowing DeFi users to earn an attractive, stable, and uncorrelated yield while engendering an equitable environment where Small and Medium size Enterprises(SMEs) and entrepreneurs can prosper.

Website | Twitter

About Avalanche

Website | Twitter

SOURCE: https://acumenofficial.medium.com/acumen-strategic-investment-announcement-55de932b1eae

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 42.31%(-0.06%/24h)
ETH Dominance: 18.41%(-0.07%/24h)
Defi Market Cap: $0B(-17.96%/24h)
Total Market Cap: $1046.62B(+0.35%/24h)
Total Trading Volume 24h: $46.99B(-8.72%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $603.78B
Altcoin Volume 24h: $26.06B
Total Cryptocurrencies: 22368
Active Cryptocurrencies: 8875
Active Market Pairs: 58755
Active Exchanges: 537
Total Exchanges: 4715