Gauntlet Completes $125 Million Financing with Participation from SBI Holdings
The DeFi risk management protocol Gauntlet has completed a $125 million financing round, with participation from Japanese financial giant SBI Holdings. This round of financing was completed in June, and the valuation at the time of financing was not disclosed. Gauntlet had previously completed a $24 million Series B financing round led by Ribbit Capital in 2022, with a valuation of $1 billion.
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