LI.FI completes $29 million funding round, led by Multicoin and CoinFund

ForesightNews2025/12/12 03:16

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Foresight News reported, according to Fortune magazine, that crypto startup LI.FI has completed a $29 million funding round, led by Multicoin and CoinFund, bringing its total funding to approximately $52 million. LI.FI plans to expand into various trading sectors, including perpetual futures, yield opportunities, prediction markets, and lending markets. The company also intends to use the new funds to hire more employees.

LI.FI's co-founder and CEO Philipp Zentner stated that LI.FI is already profitable and generates revenue through transaction fees, but he declined to disclose specific revenue figures. As of October, the company's monthly trading volume reached $8 billion, about seven times that of the same period last year. The company has more than 100 employees.

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