DeFi infrastructure company Yield.xyz completes a $5 million strategic round of funding with participation from Multicoin Capital

According to a report by Golden Finance, DeFi infrastructure company Yield.xyz (formerly Omni) announced the completion of a $5 million strategic round of funding with participation from Multicoin Capital. The company previously provided multi chain wallet applications and is currently focused on building aggregate application programming interfaces (APIs) for staking and DeFi profits, helping wallets, crypto apps, fintech companies, and new banks (neobanks) provide DeFi services.