Encrypted lending platform SALT completed $64.4 million in financing to resume operations after it stopped deposits and withdrawals due to FTX bankruptcy

2023-02-07 23:51:51BlockBeatsShare to:

BlockBeats news, on February 7, according to CoinDesk, Salt, an encrypted lending platform that was previously heavily influenced by FTX, completed a $64.4 million Series A round of financing by selling shares to qualified investors. SALT will use the funds for new products and its growth strategy. In November 2022, Salt suspended deposits and withdrawals and stated that "the collapse of FTX has affected our business," but did not disclose the specific amount of exposure to FTX.

SALTIntro

The SALT platform is...All

SALTMarkets

Price$0.047321 USDPrice Change (24h)+34.24%Trading Volume (24h)$1,259.77 USD
Market Cap$1,155,599.95 USDCirculating Supply119,999,995.19 Max Supply:--

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