Nervos launches $ 5 million fund to finance DeFi projects
Chinese project Nervos has launched a $ 5 million fund to support cryptocurrency firms and decentralized finance (DeFi) projects. The Nervos management announced that the fund was created to provide grants to firms working in financial technology and blockchain. Specifically, Nervos intends to provide material support to developers building decentralized exchanges, platforms for issuing synthetic assets and lending solutions. Priority will be given to those projects that seek to interact with multiple blockchains. Grant recipients…