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Founding father of defunct crypto funding platform Midas Investments, Iakov Levin, has launched Locus Finance, a DeFi platform that gives high-yield tokenized vaults. It presents Ethereum staking, DeFi development, and arbitrage buying and selling merchandise. Levin goals to supply buyers with a straightforward buying and selling choice with out blockchain data, protocol administration, or on a regular basis portfolio administration. Midas Investments had over $250m beneath administration however misplaced $50m in 2022, which pressured its closure in December of that yr.
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