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DeFi infrastructure company Veda completes $18 million financing, led by CoinFund

Summary: According to reports, DeFi infrastructure company Veda has announced the completion of an $18 million financing round led by CoinFund. The company aims to simplify DeFi yields for cross-blockchain applications and institutions. The new funds will be used to support its platform in enabling applications and institutions to offer simplified crypto yield products, including a ...

According to reports, DeFi infrastructure company Veda has announced the completion of an $18 million financing round led by CoinFund. The company aims to simplify DeFi yields for cross-blockchain applications and institutions. The new funds will be used to support its platform in enabling applications and institutions to offer simplified crypto yield products, including a modular insurance pool framework where developers can create smart contracts to manage yield strategies without users having to deal with the complexity of DeFi. (CoinDesk)

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