DeFi startup Instadapp raises $10 million led by Standard Crypto

Decentralised Finance (DeFi) startup Instadapp has raised $10 million in a new financing round led by Standard Crypto. The latest fundraise comes after Instadapp raised $2.4 million in 2019 from entrepreneur investors Balaji Srinivasan and Naval Ravikant, Coinbase Ventures, and Pantera Capital. Founded in 2019, Instadapp is soon planning to launch its in-house governance token called "INST".