This is What Founders Want to Know

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Entrepreneurship is alive and very well in the United States of The us, as is apparent from the U.S. Census Bureau’s report that a whopping 5.4 million new business programs were submitted final 12 months (and that variety is however escalating). When you can find an pleasure that comes with commencing a business enterprise, in the globe of entrepreneurship, I have noticed what can happen when new founders and very first-time business owners are unwell-geared up to at some point sell their enterprise — I know that I was.

With that in

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Ondo Finance raises $20M from Peter Thiel’s Founders Fund and other people

Ondo Finance, a crypto startup that delivers structured solutions constructed on major of decentralized exchanges, has elevated $20 million in Series A funding as it looks to establish a decentralized expenditure financial institution.

Peter Thiel’s legendary VC organization Founders Fund and Pantera Cash co-led the spherical. This is the very first time Founders Fund has led an expenditure in a token-based project, Ondo’s founder and CEO, Nathan Allman, told The Block. Founders Fund has earlier participated in a token spherical for Parallel Finance.

An Ivy League endowment also joined Ondo’s Series A, reported Allman, though declining to name it. 


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