Crypto VC firm Spartan Capital invests in Pendle to drive DeFi growth

Spartan Group, a digital asset investment company headquartered in Singapore declare Invest in the decentralized finance (DeFi) protocol Pendle Finance (PENDLE).

Spartan Capital, the crypto venture arm of Spartan Group, has made a follow-on investment in Pendle Finance via an over-the-counter (OTC) purchase, after actively supporting Pendle since its launch in 2021.

The company emphasized that Spartan and Pendle have had a strong partnership since the launch of the DeFi initiative, noting that the latest investment is designed to support the initiative to further realize its ambitions.

“At Spartan Capital, we recognize Pendle’s transformative potential and its critical role in driving advancements in on-chain yield trading,” Spartan noted.

This is a developing story and more information will be added as it becomes available.

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