The complexity of Defi has long been an obstacle to consumer public adoption. Veda, who has reached $ 3.5 billion on TVL in eight months abstract this complexity, has just collected $ 18 million to develop its safe system in a larger class of financial platforms.
On June 23, the infrastructure company DEFI, VEDA, announced a round of funding of $ 18 million led by Coinfund, with the participation of Coinbase Ventures, Animoca Ventures, GSR, Mantle Ecofund, Bitgo, Draper Dragon and other heavyweight investors.
Capital injection occurs while Veda sharpens its objective beyond cryptocurrency ecosystems, aimed at integrating its infrastructure based on the safe in a larger range of financial platforms.
Since its launch at the beginning of 2024, the modular safe system of the infrastructure supplier has gained ground, in treatment of deposits of more than 100,000 users and by integrating dozens of protocols. Its safe frame, which summarizes the complexity of the DEFI yield generation, is now positioned as a central infrastructure for wallets, Fintech applications and exchanges.
Rewriting the DEFI game book for consumer finance
Veda’s rapid ascent at 3.5 billion dollars of total locked value reveals a fundamental truth about the next DEFI phase: the winning protocols will not be those who cry the strongest, but those who mask the most effective complexity.
The startup safe system operates as a layer of financial API, managing transversal yield strategies, risk management and execution while allowing integrated platforms, such as DEFI protocols and traditional fintech applications, to present users with a familiar interface. The idea is simple: let the application control the user experience, while Veda manages the backend complexity that generally exposes.
Basically, VEDA technology normalizes performance activities, such as implementation, replenishment and liquidity supply, in modular intelligent contracts to which applications can connect without reconstructing the wheel. This explains why protocols like Ether.Fi and Mantle adopted its chests as fundamental components rather than competitive products.
The interoperability of vaults has transformed them into a shared primitive, similar to the way AWS has become the invisible backbone of web applications. Veda’s goal is not to make it more visible. It is to make it invisible.
For developers, this means less maintenance and composability headache. For platforms, this means scalable and yield generators that do not require educating users on the risk of challenge or bridge between chains. And for users, this could mean earning a return or a reward to via the same interfaces they already trust.
