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Home NEWS NEWS BITCOIN The former Russian tycoon poured money into a DeFi project, ...

The former Russian tycoon poured money into a DeFi project, which is expected to reach the top 10 DeFi

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The former Russian tycoon poured money into a DeFi project, which is expected to reach the top 10 DeFi

 

Aleksandr Lebedev - one of the richest businessmen in Russia, is said to be pouring money into one DeFi project to compete with all other projects.

According to sources from RBC, the Russian businessman is actively pouring capital into a DeFi startup called InDeFinEco.

"Currently, Lebedev has invested US $ 10 to $ 15 million for InDeFinEco's DeFi project, the amount is likely to increase," RBC said.

According to several sources revealed that this project is trying to combine several DeFi protocols into one, with a lending platform similar to Compound or Aave ..

The founder of Russian exchange Garantex, Sergey Mendeleev, said that the project will have portfolio management tools like Yearn Finance or Rari Capital, as well as derivatives such as cryptocurrency futures and options.

“There are currently no projects,” said Lebedev DeFi who can combine to do that, "he said.

The businessman also said his project will be in the top 10 DeFi projects in the near future, "everything is planned," he said.

Aleksandr Lebedev is known to be one of Russia's tycoons, and he started his career like many in the Soviet Communist Party and the KGB.

After the collapse of the Soviet Union, Lebedev acquired the National Reserve Bank of Russia, which has now grown to become one of the largest banks in Russia.

Before 2012, his net worth was estimated to have risen to billions of dollars ... but an investigation by the Central Bank of Russia and the FSB has evaporated a lot of his wealth.

By 2015, it is estimated that his net worth was about $ 400 million.


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