Level development company Peregrine Exploration has completed a new round of financing of 2.6 million dollars, led by Dragonfly Capital

ChainCatcher news, according to CoinDesk, the company behind the stablecoin protocol Level, Peregrine Exploration, announced the completion of a new funding round of $2.6 million, led by Dragonfly Capital, with participation from Polychain, Flowdesk, Echo, Native Crypto, and Feisty Collective by Path, as well as angel investors Sam Kazemian from Frax and Albert Chon from Injective. This latest funding round follows their previous raise of $3.4 million in August, bringing their total funding to $6 million to date.