Veda secures 18 million dollars to enhance DeFi profit solutions.

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According to Foresight News, the DeFi infrastructure company Veda has announced the completion of an $18 million funding round led by CoinFund. The company aims to simplify the DeFi profit generation process for applications and organizations across blockchain. The newly raised funds will be used to support Veda's platform, enabling applications and organizations to offer reasonable cryptocurrency yield products. This includes a modular vault framework that allows developers to create smart contracts to manage yield strategies without exposing users to the complexities of DeFi.

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