DeFi infrastructure firm Yield.xyz secures $5 million in strategic funding round with participation from Multicoin Capital
According to Jinse Finance, DeFi infrastructure company Yield.xyz (formerly known as Omni) has announced the completion of a $5 million strategic funding round, with participation from Multicoin Capital. The company previously offered a multi-chain wallet application and is now focused on building an aggregated API for staking and DeFi yields, helping wallets, crypto apps, fintech companies, and neobanks provide DeFi services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Strategy (MSTR.US) Faces Potential Removal from MSCI Index, Passive Funds May Sell $2.8 Billion
MicroStrategy is expected to be removed from the MSCI Global Investable Market Index. JPMorgan estimates that passive funds may sell about $2.8 billion worth of shares, and if removed from multiple indexes simultaneously, the scale could reach up to $8.8 billion. Additionally, with BTC falling below its average cost of $75,456, the company’s stock price and financing capacity are under dual pressure.
Crypto prices
More
