Folks Finance – Milestones
Key milestones and important events in Folks Finance's history.
14
Total Milestones
2021
Earliest
2025
Latest
4 yrs
Span
Showing 14 milestones for Folks Finance
20251 milestone
14
1 Nov 2025
FOLKS token launch (Algorand / Wormhole NTT integration)
Token launch and Wormhole NTT integration announced on Algorand Foundation channel.
www.youtube.com/watch?v=QGZDhhNyOIU20245 milestones
13
1 Nov 2024
Closed $3.2 million Series A funding round
Series A close.
www.theblock.co/post/326508/defi-folks-finance-funding-valuation12
1 Nov 2024
Launched xChain and reached $400M TVL (all-time high)
xChain launch and TVL milestone.
folksfinance.medium.com/acceleration25-folks-roadmap-and-2024-retrospective-478c699a9c4411
1 Jun 2024
Strategic funding round led by Danu Ventures
Strategic funding led by Danu Ventures.
10
1 Feb 2024
Strategic funding round led by Algorand Foundation
Strategic funding led by Algorand Foundation.
9
1 Jan 2024
Expanded xALGO to Avalanche
xALGO expansion to Avalanche.
20233 milestones
8
1 Nov 2023
Launched support for EURS
Added EURS support.
7
1 Aug 2023
Released Folks Router
Release of Folks Router.
6
1 Jul 2023
Launched Lending Pools and xALGO
Launch of lending pools and xALGO expansion.
20224 milestones
5
1 Nov 2022
Released v2 of platform
Platform v2 release.
4
1 Jul 2022
Launched Algo Liquid Governance (xALGO)
Launch of Algo liquid staking / governance product.
3
1 Apr 2022
Launched on mainnet
Mainnet launch.
2
1 Jan 2022
Closed $3 million seed funding round
Seed funding round close.
www.prnewswire.com/in/news-releases/leading-capital-markets-protocol-folks-finance-closes-3-million-seed-funding-round-804299303.html20211 milestone
1
1 Jan 2021
Founded
Company founding / project start.