Vee.Finance Closes $2.5 Million Private A Round; Will launch Avalanche Mainnet Soon!
We are pleased to announce that Vee.Finance has closed a new $2.5 million of private A round funding, including investments from: 7 O’Clock Capital, AC Capital, AP Capital, Avalanche Capital, BCA Investments, CatcherVC, Chronos Ventures, COBAK, Damo Labs, Dutch Crypto Investors, FBG Capital, Kryptos Research, Lancer Capital, LD Capital, Limestone Capital, MEXC Labs, Mint Ventures, Momentum 6, NGC Ventures, PANews, Ti Capital, ViaBTC Capital, Waterdrip Capital (in alphabetical order) .
Earlier this year, Vee.Finance had closed another multi-million dollar seed round led by Huobi Ventures Blockchain Fund and Avalanche Asia Eco Fund AVATAR.
After tremendous development efforts by the Vee.Finance team and after incorporating feedback from thousands of highly-engaged public testers, we are proud to announce that Vee.Finance will officially launch on the Avalanche mainnet on September 14.
Vee.Finance is a DeFi platform offering collateralized lending, liquidity mining, and leveraged trading. The leveraged trading scenarios for lending users are made possible by integrating DEX, which significantly improves the efficiency of asset utilization. Fully operational at launch, leveraged trading will soon be bolstered with additional trading depth by partnering with multiple DEXs and aggregators on the Avalanche Protocol.
Vee.Finance envisions making crypto assets or trading combinations between different chains directly interoperable, where lending and leverage transactions can be completed on the same interface, without having to interact through multiple dApps, further meeting the diversified needs of users.
Vee.Finance is a DeFi lending platform for traditional financed and crypto users alike. They are committed to bridging the gap between traditional finance and DeFi and providing users with better digital asset management services. Users can participate in deposits, loans, long and short position and as well as other functions. The mission of the project is to reduce barriers for traditional users to participate in DeFi and optimize the efficiency of global asset allocation.