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Open-Source DeFi Data Platfrom DIA Raises $15M Through Token Sale

(canadastock/Shutterstock)

Zug-based decentralized finance (DeFi) data aggregator DIA announced on Friday it has raised $15 million through the sale of its governance token.

  • In a press statement emailed to CoinDesk, the Swiss firm said this was the first round of sale of its tokens. After a private sale that lasted 3 days, 30 million dia tokens, representing 15% of the total dia token supply, were also offered for sale. 

  • According to the firm’s statement, DIA’s token has been listed on three exchanges: OKEx, Kucoin and Bitmax.

  • Marketed as an open-source data aggregator for DeFi markets, DIA’s statement said the funds would be used to further develop the firm’s platform and get closer to its ambition of building a “open-source Bloomberg for DeFi.”

Disclosure

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

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