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Cryptocurrency savings app Nook completes $2.5 million financing round with participation from Coinbase Ventures

Summary: According to reports, cryptocurrency savings app Nook, founded by three former Coinbase engineers, has completed a $2.5 million financing round with participation from Coinbase Ventures, defy.vc, and UDHC. The company has declined to disclose the valuation of this round of financing. Nook is dedicated to making it easier for non-native cryptocurrency users to increase their ...

According to reports, cryptocurrency savings app Nook, founded by three former Coinbase engineers, has completed a $2.5 million financing round with participation from Coinbase Ventures, defy.vc, and UDHC. The company has declined to disclose the valuation of this round of financing. Nook is dedicated to making it easier for non-native cryptocurrency users to increase their cryptocurrency holdings through services like Aave, which allows users to lend their cryptocurrency to borrowers in exchange for interest.

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