Ondo Finance, a crypto startup that seeks to build a decentralised investment bank as well as offer customised financial products to both institutional and retail investors, has secured $20 million in its Series A funding round. The funding was co-led by Founders Fund, a venture capital firm founded by Peter Thiel and Pantera Capital, a blockchain-focused institutional asset manager. Coinbase Ventures, GoldenTree, Tiger Global, Wintermute, Flow Traders, and Steel Perlot joined the round as strategic investors, Ondo Finance noted in a press release . In August 2021, Ondo announced a $4 million seed round led by Pantera Capital. Ondo Finance eyes more DeFi products The startup will use the funds to build its team as part of broader plans to accelerate the adoption of decentralized finance (DeFi) within the mainstream investment sector. As well, the firm wants to launch new products and enhance its suite of existing product offerings, including decentralised structured products and...