Cryptocurrency savings app Nook raises $2.5 million, with Coinbase Ventures and others participating

Odaily News Nook, a cryptocurrency savings app founded by three former Coinbase engineers, has raised $2.5 million in funding, with participation from Coinbase Ventures, defy.vc and UDHC. The company declined to disclose the valuation of this round of financing. It is reported that Nook is committed to making it easier for non-cryptocurrency native users to increase their cryptocurrency holdings through services such as Aave, which allows users to lend their cryptocurrencies to borrowers in exchange for interest. (Fortune)