DeFi platform Coinchange closes $10 million Series B funding

The decentralized finance platform Coinchange closed its Series B funding round worth $10 million. The Block reports this: The Block.

The round’s investors included G1.VC, Spirit Blockchain, Good News Ventures, K2.CA, Atoia Ventures, and Mintfox.

“We are targeting an Earn API that provides millions of fintech customers and exchanges worldwide access to yield,” said Coinchange CEO Maxim Galash.

The funds will be used to expand the range of services offered, improve products, and attract new customers.

Back in November, Blast raised $20 million to create “the single L2 solution on Ethereum with native yield in ETH and stablecoins.”