Crypto-savings app Nook completes US$2.5 million in financing, with Coinbase Ventures and others participating
Internet reports that Nook, a cryptocurrency savings application founded by three former Coinbase engineers, has completed a US$2.5 million financing. This round of financing was funded by Coinbase Ventures, defy.vc and UDHC. The company declined to disclose a valuation for the round. It is reported that Nook is committed to making it easier for non-cryptocurrency native users to increase their cryptocurrency holdings through services such as Aave, which allows users to lend their cryptocurrency to borrowers in exchange for interest.
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