The encrypted lending platform Lantern Finance has completed a pre-seed financing of 1 million US dollars, with participation from Orange DAO and others

The encrypted lending platform Lantern Finance has announced the completion of a $1 million Pre-Seed financing round. Orange DAO, Supermoon Ventures, Andover Ventures and others participated in the investment. The new funds will support its development of the next generation cryptocurrency lending platform, allowing users to borrow against digital assets and deposit funds directly into bank accounts. (ffnews)