According to BlockBeats, on September 24, Meridian, a decentralized liquidity market and liquidity pledge protocol of the Move language ecosystem, announced the completion of a $4 million seed round of financing. This round of financing was jointly led by ParaFi Capital and Borderless Capital, with participation from Amber Group, Saison Capital, Interop Ventures, Oak Grove Ventures and other institutions.
Meridian plans to use the new funds to expand its global team and actively recruit talents in engineering, product and marketing. The protocol is currently launched on the test network and is scheduled to be launched on the first day of the Movement mainnet.
