Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It lets you earn predictable returns on investments thanks to fixed rates over a predetermined period of time.

Element Finance is still relatively new as the company launched its protocol on the Ethereum mainnet on June 30.

Element Finance Raises $32 Million For Its Defi Fixed Rate Protocol

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Element Finance Raises $32 Million For Its Defi Fixed Rate Protocol

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