DeFi Margining Protocol Marginfi Closed $3 Million in Financing Led by Multicoin Capital and Pantera Capital

TokenInsight news, Marginfi, a DeFi margining protocol on Solana, closed a $3 million round of funding led by Multicoin Capital and Pantera Capital, with participation from Sino Global Capital, Solana Ventures and others. The funds raised will be used to drive community and ecosystem development, while supporting institutions as well as partner integrations. Marginfi is a decentralized portfolio margining protocol for trading on Solana. The protocol gives traders a unified account to access margin, compose a portfolio, and improve capital efficiency across underlying trading protocols.