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DeFi vault platform Veda has raised $18 million in a funding round led by CoinFund, with participation from Coinbase Ventures and other prominent investors. The funds will be used to expand its infrastructure for yield-bearing products, including stablecoins. This move highlights growing investor confidence in DeFi solutions.
- Veda's $18M funding round was led by CoinFund and included Coinbase Ventures, Animoca Ventures, and BitGo.
- The funds will be used to expand infrastructure for yield-bearing products, including stablecoins.
- Angel investors included co-founders of Anchorage and Ether.Fi, highlighting strong industry support.
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Related Tags: Coinbase Global Inc. Stablecoin