Spartan Group announced on the X platform that it will make additional investments in Pendle through off-market channels. Spartan Group said: “We recognize Pendle’s transformative potential and its critical role in driving the advancement of on-chain yield trading.”
According to previous news, in April 21, DeFi yield market Pendle announced the completion of US$3.5 million in financing, led by Mechanism Capital, Crypto.com Capital, Hashkey Capital, Spartan Group, CMS, imToken, DeFi Alliance, Lemniscap, LedgerPrime, Parataxis Capital, Strategic Round Capital, Signum Capital, Harvest Finance, Youbi Capital, Sora Ventures, D1 Ventures, Fisher8, Origin Capital, BitLink, Hongbo (Co-Founder & CEO of DeBank), Taiyang Zhang (Co-Founder & CEO of Ren Protocol) participated in the investment.