Infinex, a newly launched platform revolutionizing decentralized finance (DeFi), has partnered with Wormhole to provide robust multichain infrastructure. This collaboration follows Infinex’s impressive $65 million raise through the sale of Patron NFTs.
Founded by Kain Warwick, the creator of Synthetix, Infinex aims to simplify user interactions with DeFi protocols across various blockchains. By abstracting the complexities of managing multiple wallets, gas fees, and cross-chain bridges, Infinex has locked in over $125 million in total value.
Warwick emphasized, "Infinex’s vision is to simplify decentralized finance by creating a seamless, multichain user experience and providing the safest way to get onchain.” With the integration of Wormhole, users can interact effortlessly across over 30 supported blockchains.
According to a statement from The Block, this partnership is just the beginning of a multifaceted collaboration, with further integrations and features on the horizon. Currently, Infinex supports six blockchains, including Ethereum and its Layer 2 solutions such as Polygon, Base, Optimism, Arbitrum, and Solana.
Recently, Infinex raised $65.3 million through the sale of 41,252 Patron NFTs across four waves. These NFTs were made available at three price tiers: $1,250, $3,000, and $5,000, with the least expensive options taking longer to unlock for trading. Warwick noted that this model is fairer than traditional investment structures, as it offers no special benefits to early or wealthy supporters.
Robinson Burkey, co-founder of the Wormhole Foundation, stated, "Together, we’re building a strong, scalable platform that allows users to navigate the multichain world with confidence and ease." This partnership is set to drive the next phase of multichain DeFi innovation.
