DeFAI trading and asset management platform Velvet Capital raises $3.7 million in funding

According to Cointelegraph, DeFAI trading and asset management platform Velvet Capital announced the completion of $3.7 million in funding to accelerate the launch of its DeFAI operating system and governance token VELVET. The new system integrates AI multi-agent operating systems, trading terminals, asset management suites, and APIs, aiming to provide seamless on chain asset management and trading experiences for funds, DAOs, and individual traders. VELVET tokens can unlock multiple rights such as platform governance, profit dividends, and fee discounts through staking.