Skip to content

Secures $6 Million in Funding for Its Layer in the Decentralized Finance Sphere

Multiple applications are run by the platform, spanning over three blockchains, with Ethena and ZeroLend being some of the standout protocols.

DeFi Abstraction Layer Provider Infinit Successfully Raises $6 Million in Funding Round
DeFi Abstraction Layer Provider Infinit Successfully Raises $6 Million in Funding Round

Secures $6 Million in Funding for Its Layer in the Decentralized Finance Sphere

In the ever-evolving world of decentralized finance (DeFi), Infinit Labs is making waves with its innovative approach to simplifying DeFi protocol launch and scaling. The company, founded by Tascha Punyaneramitdee and Guy Young, aims to abstract complexities and make DeFi accessible to all.

From day one, Infinit has driven USDe trading volume and liquidity provisioning on Mantle and Blast, according to Guy Young, Founder at Ethena Labs. This significant contribution has not gone unnoticed, as Infinit Labs secured $6 million in a seed funding round on September 12, 2024. The funding, provided by notable investors including Electric Capital, Mirana Ventures, Hashed, Arthur Hayes' family office, Maelstrom, Lightspeed Faction, Robot Ventures, Nomad Capital, Tangent, and Presto Labs, is aimed at redefining DeFi infrastructure and significantly lowering barriers to decentralized finance innovation.

Following the funding, Infinit launched its native IN token in August 2025. The IN token enables governance, fee sharing, and staking rewards, allowing users to participate in an AI-optimized DeFi economy that incentivizes early contributors and supports top-performing strategy creators. Staking IN tokens grants users access to automated, AI-powered financial strategies, addressing the traditional technical complexity of DeFi interactions.

Infinit's AI-driven DeFi ecosystem simplifies complex DeFi strategies into one-click executions for users, thereby improving user experience and accessibility in DeFi. The IN token has been listed on exchanges like KuCoin, further facilitating user access to this AI-enhanced DeFi infrastructure.

As of August, Infinit's Total Value Locked (TVL) reached $650 million, while two applications powered by Infinit, Ethena and INIT Capital, each reached a TVL of $270 million within four months of launching. Infinit's DeFi abstraction layer enables developers to build various apps on any chain with just a few clicks.

Infinit's goal is to onboard the next million developers and users to DeFi, positioning itself as the backbone infrastructure for DeFi developers. The company plans to use the fresh capital to advance its infrastructure and facilitate a seamless experience for DeFi protocol builders. Infinit's support has also enabled Ethena Labs to expand into new ecosystems and establish a strong foundation for future scalability.

Currently, Infinit V2 is in private alpha testing, with more features planned to roll out soon. This could potentially position Infinit as a leading DeFi innovator leveraging AI for efficiency and customization. Infinit provides infrastructure tooling to develop DeFi applications such as decentralized exchanges, yield protocols, and perpetual platforms, powering more than 12 applications across three chains, including Ethena and ZeroLend.

  1. In the realm of DeFi news, Infinit Labs, following the successful $6 million seed funding in 2024, is developing an AI-driven DeFi ecosystem with its native IN token, aiming to simplify complex DeFi strategies and make them accessible to all, even in the domain of investing.
  2. The innovative approach by Infinit Labs to its DeFi infrastructure and the launch of its IN token has enable them to facilitate the growth of applications within their platform, such as Ethena and INIT Capital, which have achieved TVLs of $270 million in just four months, highlighting potential success in the technology sector of finance.

Read also:

    Latest