DeFi infrastructure company Veda raises $18 million in funding

Golden Finance reports that DeFi infrastructure company Veda has announced a $18 million funding round, led by CoinFund. The company aims to simplify DeFi revenue for cross blockchain applications and institutions, with the new funds intended to support its platform to enable applications and institutions to offer simplified crypto revenue products, including a modular vault framework where developers can create smart contracts to manage revenue strategies without exposing users to the complexity of DeFi.