🚀 Dharma raises $7 million to decentralize a fast-growing corner of the crypto market

Startup Dharma has finished its series A fundraising round, raking in some $7 million to develop a decentralized exchange (DEX). Dharma's DEX will compete with Genesis and BlockFi. The startup's DEX utilizes smart contracts and P2P loan finding services on its domain to offer rates claimed to be half of the traditional average. Some 400 firms are said to be on the waiting list.

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