Velvet Capital Completes $3.70 million Financing Round, Led by YZi Labs and Blockchain Founders Fund

According to Cointelegraph, Velvet Capital has announced the completion of a $3.70 million funding round to launch its intent-driven DeFAI trading and portfolio management ecosystem. The round was led by YZi Labs and Blockchain Founders Fund, with participation from FunFair Ventures, Selini Capital, Cointelegraph Accelerator, and other institutions. [Foresight News]