Puffer Finance announced that it has received $18 million in its funding led by existing investor Brevan Howard Digital and new investor Electric Capital on April 16, 2024. The transaction included participation from existing investors Lemniscap, Faction Ventures, LLC, Animoca Ventures and new investors, Coinbase Ventures, Kraken Ventures, LLC, Franklin Resources, Inc. (NYSE:BEN), Avon Ventures, Mechanism Capital, Consensys Inc., GSR, and other angel investors.