Chain yield company Ground secures $3.6 million Pre-seed funding round, co-led by Bain Capital Crypto and ParaFi

Odaily Planet Daily News: Ground, a startup specializing in on-chain yield infrastructure, announced the completion of a $3.6 million Pre-seed funding round. This round was co-led by Bain Capital Crypto and ParaFi, with participation from Nascent, Robot Ventures, Chapter One, Consonant Ventures, and others.

It is reported that Ground primarily provides APIs for fintech companies and asset management institutions, enabling them to integrate on-chain yield products into existing applications without having to build blockchain integration themselves. Its target customers include fintech platforms, digital banks, wealth management institutions, exchanges, and asset management companies, for building yield, savings, and investment products.