Decentralized Finance startup Kira secured $2.2 Million Funding from BTC12 Capital

Kira, a Palo Alto and California based decentralized finance Technology Company, has now secured $2.2 million in private funding.

Kira is founded by the Milana Valmont. It has a Kira Core, a decentralized solution using TenderMint and Cosmos SDK to secure and power DeFi applications with the liquid staking – Kira Network.

Roger Lim, Founding Partner at NGC Ventures, said, "Kira is a brilliant team of people that is working on enabling full access to the underlying value of any digital asset. They are creating a true decentralized solution that allows trustless and scalable market access. This will revolutionize DeFi with a new approach to liquid staking. We want to be a part of their journey." 

Milana Valmont, the co-founder and CEO of Kira, said, "This latest round shows the confidence in the project from the crypto community and validates our vision for Kira and liquid staking. We are humbled to have received such unprecedented demand from investors and support from the ecosystem".

The round was backed by the BTC12 Capital, NGC Ventures and Origin Capital.

The company, as of now, has plans to use the new funds to continue to expand its development efforts.

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