Cedro Finance Raised $1.5M Pre-Seed Round

Published on: 09.02.2023
Cedro Finance Raised $1.5M

Cedro Finance, a cross-chain lending and borrowing platform that connects fragmented liquidity, has raised a $1.5M pre-seed round to build an Omnichain Future.

Cedro Finance has raised its $1.5M Pre-seed round, led by Shimacapital to build an Omnichain future!


Cedro Finance, which is an Omnichain Liquidity Platform that lets users lend and borrow across chains seamlessly, raised the fund in a round led by Shima Capital. Infinity Ventures Crypto and Mask Network also participated in the round.

According to the founder, Rachin Kalakheti, the funds obtained will be utilized to grow and sustain Cedro’s development efforts.

Management Quote

About Cedro Finance

Cedro Finance is a cross-chain decentralized liquidity protocol where users can lend and borrow the listed assets across multiple chains with affordable transaction fees. Lenders are able to deposit their assets to contribute to the liquidity of the platform and borrowers are able to borrow the liquidity in an overcollateralized manner.

Website | Twitter

Website | Twitter





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