TechFlow news — According to The Block, DeFi startup Definitive has raised $4.1 million in funding led by BlockTower, with participation from Nascent, Coinbase Ventures, CMT Digital, and others. The capital will be used to build a new platform that enables easier access for Wall Street into DeFi's emerging capital markets.
Definitive's team consists of three former senior product and engineering professionals from Coinbase, aiming to automate many aspects of the decentralized finance world—spanning a broad range of financial services—to make it easier for institutional investors to access DeFi's emerging capital markets. Definitive plans to offer an execution platform integrating various protocols, enabling users to trade, access yield opportunities, and automatically monitor risk levels of their holdings.
