DeFi Network Karura Raises $100M Ahead of Kusama's Parachain Auction - CoinDesk

DeFi Network Karura Raises $100M Ahead of Kusama's Parachain Auction - CoinDesk

CoinDeskCoinDesk10 Jun 2021 | 19:21 pm
Karura has raised $100 million in a crowd loan. The money came from a "crowd loan" and included more than 8,500 contributors. The funding is timely because bidding for Kusama’s parachain auction starts next week. Karura is the sister of Acala Network, Polkadot's main DeFi project.