Cosmos-based DeFi Protocol Quasar Closes $5.4 Million Funding Round Led By Shima Capital

Key Points: Quasar has successfully raised $5,432,100 (countdown intended) for its bridge round, with a $70 million valuation. A $5.4 million fundraising round headed by Shima Capital and including participation from Polychain Capital, Blockchain Capital, HASH Capital, CIB, and others was completed for Quasar, a Cosmos-based DeFi protocol.