Velvet Capital Secures $3.7M in New Funding Round
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Funding Announcement: Velvet Capital has successfully raised $3.7 million in a funding round led by YZi Labs and other notable investors to enhance its DeFi asset management capabilities, focusing on trustless and transparent ecosystems.
Future Developments: The investment will support the rollout of Velvet's new DeFAI operating system and the launch of the VELVET token, aiming to improve trading and portfolio management across multiple blockchain networks while increasing user engagement through governance and reduced fees.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.








