Singapore-based digital asset investment firm Spartan Group has announced an investment in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).
Building on a Partnership
Spartan Group's crypto venture capital arm, Spartan Capital, has made a follow-on investment in Pendle Finance through an over-the-counter (OTC) purchase. This investment comes after Spartan Group has actively supported Pendle since its launch in 2021.
Supporting Ambitions
The investment represents a continued strong partnership between Spartan and Pendle. It aims to support Pendle Finance in its aspirations to advance on-chain yield trading and further develop its DeFi project.
Recognizing Potential
Spartan Capital acknowledges the transformative potential of Pendle Finance and its pivotal role in driving the growth of on-chain yield trading.
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