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EtherFi and Plasma Collaborate with $500 Million Investment
CryptocurrencyDeFi PartnershipUpdated 2 days ago

EtherFi and Plasma Collaborate with $500 Million Investment

EtherFi is investing $500 million into Plasma, a Bitfinex-backed Layer 2 solution, to enhance liquidity in the DeFi space. This partnership aims to integrate a significant ETH vault, marking a pivotal development for both companies and their users.

Related Articles
EtherFi Channels $500 Million Into Bitfinex-Backed Plasma
PositiveCryptocurrency
EtherFi is investing $500 million into Plasma, a Bitfinex-backed Layer 2 solution, enhancing its position in the DeFi space and providing users with significant liquidity.
Editor’s Note: This investment is crucial as it strengthens EtherFi's role in decentralized finance, allowing users to benefit from increased liquidity and innovative financial solutions.
Bitfinex-backed Plasma secures EtherFi partnership with $500 million ETH vault integration
PositiveCryptocurrency
Bitfinex-backed Plasma has partnered with EtherFi, integrating a $500 million ETH vault to enhance liquidity for stablecoin-backed yield strategies. This collaboration marks a significant step for both companies in the DeFi space.

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