Veda Secures $18M To Scale DeFi Vaults Across Chains, Eyes Centralized Exchange Partnership
Veda, a decentralized finance (DeFi) vault infrastructure provider, raised $18 million in a funding round.
The startup, which supports financial applications in building consumer-grade DeFi products, plans to use the capital to accelerate its partnerships and infrastructure growth.
CoinFund led the funding round. Several prominent investors participated in the effort, including Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, Mantle EcoFund, BitGo, Credibly Neutral, Draper Dragon, Heartcore, PEER VC, and Relayer Capital.
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Individual backers include Anchorage CEO Nathan McCauley, Ether.Fi CEO Mike Silagadze, and Polygon (CRYPTO: MATIC) COO Sandeep Nailwal.
Veda’s platform enables protocols, asset issuers, and institutions to offer yield products without exposing users to the technical …
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