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1inch Raises $12M to Keep Up With DeFi’s Growing Crop of DEX Aggregators

Decentralized exchange (DEX) aggregator 1inch has closed a $12 million funding round led by Pantera Capital. Other backers include ParaFi Capital, Nima Capital, LAUNCHub Ventures, Spark Capital, gumi Cryptos, Blockchain Capital and angel investors Josh Hannah, Kain Warwick and Alexander Pack.1inch plans to use the funds to build new products, CEO

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