August Completes $10 Million Financing, Led by Dragonfly Ventures

Odaily News Cryptocurrency broker August has completed a $10 million financing round, led by Dragonfly Ventures, with participation from Foresight Ventures, Standard Chartered Bank, and 6th Man Ventures. The funds raised will be used to develop marketing strategies, hire more employees, and continue to develop new technologies. August is a cryptocurrency-focused brokerage firm that aims to connect customers with DeFi networks that lend cryptocurrencies and provide derivatives and token trading, including Aave, Morpho, and Uniswap.