Acumen Investment Announcement!

Acumen
2 min readJan 11, 2023

We are pleased to announce that Acumen Network has received a strategic investment from the team at Blizzard, The Avalanche Ecosystem Fund. With our unique methods of bringing the world of DeFi and traditional finance together, as well as our dedicated team, we are confident in our ability to deliver cheaper access to capital for SMEs in emerging economies.

Acumen Network allows depositors of all sizes to participate in the microfinance economy! After previously deploying over $250k worth of loans to SMEs in El Salvador, through our pilot launch, we are ready to open up pools for deposits of up to 20mm, starting on the Avalanche platform. We plan to expand globally as well as deploy across a wide range of EVM-Compatible networks including NEAR and FUEL.

For more information, please visit https://acumen.network/ where you can learn more about our MicroDapp!

Want to keep up with the latest and greatest from the team? Be sure to follow us on Twitter and come drop a gm in our discord! We also keep our community updated through our Telegram channel! 👇

Twitter: https://twitter.com/acumenofficial
Discord: https://discord.com/invite/UXDnngxRmn
Telegram: http://t.me/AcumenOfficial

We appreciate all of the support from our community and we look forward to working with our partners to develop the future of DeFi together.

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Acumen

Acumen are determined to provide sustainable yields for users whilst empowering emerging economies. Being EVM-Compatible extends Acumen's reach far and wide!