Odaily News Trident Digital Group, a crypto lending platform founded by former Coinbase executives, completed a US$8 million seed round of financing. White Star Capital and New Form led the investment, and CMT Digital, Joint Effects and Permit Ventures participated. Trident is said to be launching a yield product tied to the risk-free rate. Its founder, Anthony DeMartino, has worked for UBS, Barclays and HSBC. In 2021, he joined Coinbase as head of risk strategy, focusing on DeFi and derivatives trading; subsequently, he served as CEO of Matrixports US business for one year, and He resigned in July this year. (The Block)