Hyderabad-based blockchain startup Instadapp has raised $10 million in a new funding round led by Standard Crypto, along with Yearn Founder Andre Cronje, DeFi Alliance, and Longhash Ventures.
Instadapp builds a middleware layer in the decentralised finance (DeFi) space — a blockchain-based form of finance that does not have central financial intermediaries.
Hyderabad-based blockchain startup Instadapp will use funds to further investment into its technology platform.