TraderJoe Closes $5 Million Token Financing

TokenInsight News, TraderJoe, the Avalanche-based DeFi protocol, has raised $5 million from a token sale by Three Arrows Capital and other investors. Key investors in the round include DeFiance Capital, GBV Capital and Mechanism Capital, according to a statement shared by TraderJoe on last Thursday. Other backers include Three Arrows Capital, Avalanche Foundation, Delphi Digital and StaniKulechov, founder of Aave.