DeFi project InfiniFi completes $3 million pre-seed funding, led by Electric Capital

according to official news from InfiniFi, the project has completed a $3 million pre-seed funding round. This round was led by Electric Capital, with participation from institutions such as New Form Capital, Kraynos Capital, and Baboon VC. InfiniFi plans to launch a dollar-pegged Deposit Receipt Token (DRT) in the second quarter of 2025 and will integrate with protocols such as AAVE, Pendle, and Ethena.