PANews reported on January 21 that according to The Block, TON ecosystem DeFi lending platform EVAA Protocol completed US$2.5 million in private placement financing, with Polymorphic, TON Ventures, Animoca Ventures, CMT Digital, Mythos Ventures, Wagmi Ventures and several angel investors participating in the investment.

According to reports, EVAA Protocol provides lending, borrowing, short selling, leveraged staking and other DeFi services for the TON network. The platform aims to use the new financing to launch the native token EVAA, with the overall goal of expanding TON's DeFi landscape.