Algorand Eco C3 Protocol Closes $3.6 million Funding Round led by Arrington

TokenInsight news that C3, the Algorand on-chain liquidity management protocol, has announced the closing of a $3.6 million funding round led by Arrington Capital and Jump Capital, with participation from ParaFi and DCG, among others. According to official documentation, C3 will run a "global clearing engine" so that users can lock collateral in one place and use it across a range of positions, dramatically increasing the efficiency of capital usage.