DeFi on-chain portfolio manager CoveFinance announced the completion of a $3 million Pre-Seed financing round, with Electrical Capital leading the investment. Accomplice, Robot Ventures, Daedalus, as well as angel investors Joshua Hannah, Richard Ma, and Marc Boiron also participated. The specific valuation information has not been disclosed.
Cove Finance simplifies DeFi portfolio management, helping users streamline investment strategies to enhance Yearn treasury yields.
Source: https://twitter.com/cove_fi/status/1777723825288831384