Alameda Research buys $20m in reef tokens.  Driving the price up as the much anticipated platform reaches existence in the soon coming months.

Denko Mancheski, CEO of Reef, said:

“As our company expands into the next stage of growth, I am delighted to welcome Alameda Research to the Reef Finance budding ecosystem. We’re excited to incorporate this investment to further our trajectory and for the development of the Reef chain for DeFi applications of the future.”

About REEF Finance

REEF is the first cross-chain DeFi operating system built on Polkadot. With a seamless user interface, Reef offers its users a smart liquidity aggregator and yield engine that enables trading with access to liquidity from both CEXs and DEXs while offering smart lending, borrowing, staking, and mining through AI-driven personalized Reef Yield Engine.

 Link to litepaper: HERE