Travel Firm Backed for USD 50m in Bid to Develop ‘Killer DeFi App’

Travel industry player has taken the DeFi plunge with a USD 50m fundraising effort it has described as “an investment into the embedded DeFi ecosystem.”

In a press release shared with, the firm revealed that its backers in the USD 50m drive include the Berkeley and Hong Kong-based Alameda Research, which is fronted by Sam Bankman-Fried.

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