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Coinchange raises USD 10 million in funding
Decentralized Finance (DeFi)
Nov 30, 2023
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Decentralized Finance (DeFi)

Decentralized Finance (DeFi)

Nov 30, 2023

Coinchange raises USD 10 million in funding

Funding

  • Coinchange, a yield aggregation platform, has secured USD 10 million in new funding led by G1.VC, Spirit Blockchain, Good News Ventures, K2.CA and Atoia Ventures, with participation from Mintfox.

  • The company plans to use the funding to expand its operations and services and onboard new customers.

  • Coinchange offers a DeFi platform that enables users to earn yields on their cryptocurrency holdings, as well as an application programming interface (API) that enables FinTech businesses to embed yield aggregation services directly onto their applications. The platform provides a number of yield optimization and risk trenching strategies across a variety of fund structures. Moreover, Coinchange supports Bitcoin, Ethereum, and all major stablecoins and offers compliant brokerage services in the US and Europe. 

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