By Mustafa Mulla 9 September 2021 | 9:31 pm

Cardano native DeFi protocol ADAlend sells out seed round in 1 hour

The post Cardano native DeFi protocol ADAlend sells out seed round in 1 hour appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

ADAlend.finance , a protocol that is brings decentralized lending to the Cardano blockchain, has sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round oversubscribed 400% As a reflection of the huge demand for …