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DeFi Protocol Maverick Raises $9M Led by Peter Thiel's Founders Fund

Decentralized finance (DeFi) infrastructure provider, Maverick Protocol, has raised $9 million in funding from a set of crypto industry heavyweights. The round was led by Peter Thiel's Founders Fund and included Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto, according to an emailed statement on Wednesday. Maverick plans to use its new capital to build more efficient liquid staking token infrastructure and solve cross-chain liquidity efficiencies. Maverick's aim is to provide the infrastructure to bring greater efficiency to decentralized finance (DeFi) markets, according to the release.

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