Internet reports that Folks Finance, a cross-chain decentralized finance (DeFi) platform, raised US$3.2 million in Series A financing, with a valuation of US$75 million. Borderless Capital led the round of financing, with companies such as Algorand Ventures, Mapleblock Capital, and Sovo Ventures also participating. The first US$2 million in this round of financing was raised in February this year, and the remaining US$1.2 million was recently raised. After completing the Series A financing, Folks Finance's total financing amount reached US$6.2 million.