Bitcoin infrastructure platform RunesFi completes $400,000 in financing, with participation from Cogitent Ventures and others

Bitcoin infrastructure platform RunesFi announced the completion of a $400,000 financing round, with participation from Cogitent Ventures, Oddiyana Ventures, Lavender Capital, WeeHODL, Zephyrus Capital, and Samurai Starter. RunesFi uses the Runes protocol to enhance DeFi functionality, aiming to build the first decentralized exchange (DEX) on Runes, carving machines for creating and distributing new runes, and various infrastructure products to support the Bitcoin DeFi ecosystem, laying the foundation for large-scale adoption of DeFi on Bitcoin.