eFi platform Azura completes $6.9 million seed round of financing, led by Initialized

Odaily News DeFi platform Azura officially launched on Tuesday after raising $6.9 million in a seed round led by Initialized. Other investors include Volt Capital, Winklevoss Capital, Solana co-founder Raj Gokal, etc. The funds will be used to expand the scale of applications, including increasing the company's salary expenses, improving software, and purchasing better servers. According to reports, Azura provides market data access, full transaction life cycle support, and DeFi asset transactions. It will connect various crypto wallets, blockchains, exchanges, and other protocols within an interface layer. Azura also reduces trust risks by eliminating middlemen and returning control to users. Azura was launched a year ago as a private invitation-only closed beta under the name Thunder. This is a product test that only a selected group of users can participate in. It is reported that all Thunder users will migrate to Azura. (Fortune)