Altitude Secures a $2.1m To Build Managed Collateralized Loans

Lisbon, Portugal, 6th July, 2022, Chainwire   Altitude has secured a $2.1m funding round from a number of prominent builders and angels in the Web3 ecosystem Altitude (Altitude.fi), a Decentralized Finance (DeFi) protocol offering a first-of-its-kind actively managed collateralized loan, which uses the volatility of the value of the collateral to repay itself over time, has closed a round of funding from a number of prominent investors deeply involved in the Web3 space. Investors include a number of prominent angels in the Web3 space: Danish Chaudhry, Batuhan Dasgin, Benedikt Schulz, Dermot O’Riordan, Evgeny Gokhberg, Fabian Wetekamp, Georgi Georgiev, Kay Meyer,