CoinFund led a $18m Series A funding round in Veda.

CoinFund, a blockchain technology research company, led a $18m Series A funding round in Veda, a DeFi vault platform, with participation from Coinbase Ventures, GSR, Maelstrom, Animoca Ventures, Mantle EcoFund, BitGo, Credibly Neutral, Draper Dragon, Heartcore, PEER VC, Relayer Capital, Nathan McCauley, Mike Silagadze, and Sandeep Nailwal. "Veda's BoringVault framework is already the definitive standard in DeFi, and the only one operating at this scale with a flawless security record. This raise allows us to deepen those partnerships and accelerate the next wave of DeFi adoption across established financial platforms," Stephanie Vaughan, Veda Co-Founder and COO.