DeFi Platform Azura Secures $6.9 Million Seed Funding

According to Odaily, decentralized finance (DeFi) platform Azura has successfully raised $6.9 million in a seed funding round. The round was led by Initialized, with participation from Volt Capital, Winklevoss Capital, and Solana co-founder Raj Gokal. The newly acquired funds are earmarked for scaling the application, which includes increasing company payroll, improving software, and purchasing better servers. Azura offers market data access, comprehensive trade lifecycle support, and DeFi asset trading. The platform aims to connect various crypto wallets, blockchains, exchanges, and other protocols through a unified interface layer. By eliminating intermediaries and returning control to users, Azura seeks to reduce trust risks.