Big moves from @FolksFinance 🚀 They’ve just raised $6.2M to accelerate growth — with their TGE set for Nov 6. Built on Algorand, Folks has been quietly building one of the most complete DeFi ecosystems out there: ~ Lending & borrowing markets ~ Liquid staking (xALGO) ~ Cross-chain liquidity & integrations ~ Transparent risk-management design This isn’t a new “experiment” — it’s a protocol that’s been live, audited, and delivering yield to real users for years. This raise fuels the next chapter — expanding liquidity, integrating new chains, and bringing their transparent, audited DeFi model to a broader audience. 📅 TGE — November 6
Folks Finance has raised $6.2M, backed by @borderless_cap, @cbventures, @paraficapital, @jump_, and more. 5 years. 8 chains. $400M+ TVL ATH. 200K+ users. $FOLKS launches November 6th, 2025.
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