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EtherFi Invests $500 Million in Bitfinex-Backed Plasma for Enhanced Liquidity
CryptocurrencyDeFi PartnershipUpdated 4 days ago

EtherFi Invests $500 Million in Bitfinex-Backed Plasma for Enhanced Liquidity

EtherFi is investing $500 million into Plasma, a Bitfinex-backed Layer 2 solution, to enhance its DeFi position and provide significant liquidity. This partnership integrates a $500 million ETH vault, marking a major advancement for both companies in the decentralized finance sector.

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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.
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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