Infinex, a cross-chain DeFi aggregation platform, has reported disappointing results from its recent public sale, raising only $1.56 million. This figure represents just 30% of its intended $5 million target. Despite adjusting its public sale rules on January 5 by removing the application cap and adopting a bottom-up allocation model, the platform struggled to attract sufficient investment. The underperformance highlights challenges in the current fundraising environment for DeFi projects.
Infinex Public Sale Falls Short, Raises $1.56M of $5M Goal
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