BlockBeats News, June 18, according to Fortune, the cryptocurrency savings app Nook, founded by three former Coinbase engineers, has raised $2.5 million in funding. This round was co-invested by Coinbase Ventures, defy.vc, and UDHC. The company declined to disclose the valuation for this funding round.
It is reported that Nook is dedicated to making it easier for non-crypto-native users to grow their cryptocurrency holdings through services like Aave. Aave allows users to lend their cryptocurrencies to borrowers in exchange for interest.
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