Lending Agreement Acumen Network Secures Strategic Investment from Avalanche Ecosystem Fund Blizzard

ChainCatcher news, the lending protocol Acumen Network announced a strategic investment from the Avalanche ecosystem fund Blizzard. Acumen plans to open a deposit fund pool of up to $20 million starting from the Avalanche platform. In addition, Acumen aims to expand globally and deploy on various EVM-compatible networks, including NEAR and FUEL.

Previously, Acumen provided over $250,000 in loans to small and medium-sized enterprises in El Salvador through a pilot project. (source link)