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DeFi asset management protocol Velvet completes $3.7 million in financing, with YZi Labs and others participating

By: odaily.com|2025/07/09 12:11:26

Odaily News DeFi asset management protocol Velvet Capital announced the completion of US$3.7 million in financing, with participation from YZi Labs and Blockchain Founders Fund, FunFair Ventures, Selini Capital, Mucker Capital, PAKA, LucidBlue, Mindfulness Capital, SkyVision Capital, Gate Labs, Poolz Ventures, NexGen, Cointelegraph Accelerator, Gains Associates, Rarestone, Echo, and DWF Ventures.
The funding accelerates Velvet’s mission to provide frictionless portfolio management and trading to funds, DAOs, and individual traders, while powering the launch of its new governance and utility token, Velvet.

Sparksat Marketplace Beta is now available, now supports FSPKS and SNOW tokens

Hong Kong's first RWA-licensed securities firm, Delen, has announced its plan to tokenize up to HK$500 million of real-world assets.