What is Qilin?
Qilin operates as a decentralized finance (DeFi) platform, aiming to transform user interaction with financial services via its intuitive Fuse Cash mobile application. Built upon the Fuse blockchain, the platform offers a comprehensive suite of DeFi products, including lending, borrowing, trading, and yield farming. This enables users to engage in financial activities without traditional intermediaries, thereby enhancing asset control. By leveraging blockchain technology, Qilin endeavors to democratize financial access and empower individuals in managing their financial futures.
How much funding has Qilin raised?
Qilin has raised a total of $800K across 1 funding round:
Other Financing Round
$800K
Other Financing Round (2021): $800K with participation from Multicoin Capital, Yuanyuzhou Ventures, Continue Capital, MATH Foundation, and Fundamental Labs
Key Investors in Qilin
Multicoin Capital
Multicoin Capital is a thesis-driven investment firm that invests in cryptocurrencies, tokens, and blockchain companies, leveraging deep understanding of blockchain technology and crypto markets to deliver exceptional returns.
Continue Capital
Continue Capital, founded in 2016, focuses on investing in global blockchain technology and early-stage technology startups, aiming to incubate and partner with ambitious enterprises that drive technological innovation.
Fundamental Labs
Fundamental Labs is a venture capital firm focused on supporting innovative blockchain entrepreneurs to drive mass adoption of blockchain technology, investing in multi-stage crypto companies and providing capital and strategic insights.
What's next for Qilin?
The recent major strategic investment signals a new phase of growth and development for Qilin. This capital infusion is expected to accelerate the expansion of its DeFi offerings and enhance the user experience of the Fuse Cash app. Qilin is poised to further solidify its market position by continuing to innovate within the blockchain and decentralized finance space, potentially exploring new partnerships and technological advancements to drive mass adoption.
See full Qilin company page
