EVAA Protocol, a key DeFi lending platform within the TON ecosystem, has successfully raised $2.5 million in private funding. The funding round saw participation from notable investors such as Polymorphic, TON Ventures, Animoca Ventures, CMT Digital, Mythos Ventures, and Wagmi Ventures, along with several angel investors.
EVAA Protocol provides a suite of services for the TON network, including lending, borrowing, shorting, leveraged staking, and other DeFi offerings. With the new funds, EVAA aims to launch its native token EVAA, focusing on expanding the DeFi landscape of the TON network.