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Veda Secures $18M Funding to Supercharge DeFi Vaults—Now Safeguarding $3.7B+ in Crypto Assets
Veda Secures $18M Funding to Supercharge DeFi Vaults—Now Safeguarding $3.7B+ in Crypto Assets
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DeFi's institutional-grade vaults just got a power-up.
Veda—the infrastructure backbone for decentralized finance vaults—has locked down an $18 million funding round. The platform currently secures over $3.7 billion in digital assets, proving that even in a bear market, someone's still getting paid.
Why it matters: Vaults are the armored trucks of DeFi. They automate yield strategies while (theoretically) minimizing risk—a must-have for institutions dipping toes into crypto's wild west.
The cynical take: Wall Street still thinks 'blockchain, not Bitcoin'—but $3.7B doesn't lie. The smart money's hedging bets with DeFi's plumbing while publicly pretending it's all just a fad.
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