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- DeFi Yield Provider Coinchange Raises $10 Million Series B
DeFi Yield Provider Coinchange Raises $10 Million Series B
The round was co-led by Good News Ventures, G1.VC, Spirit Blockchain, K2.CA and Atoia Ventures, with participation from Mintfox.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/8aa611f9-5fa1-4a5e-b946-fa394be127d0/x__13_.png?t=1701363020)
Canadian Fintech company Coinchange has raised $10 million in a Series B funding round to expand its Yield as a Service product to new companies.
The round was co-led by Good News Ventures, G1.VC, Spirit Blockchain, K2.CA and Atoia Ventures, with participation from Mintfox. A valuation was not disclosed for the round.
Founded in 2018, Coinchange allows companies – such as FinTechs and exchanges – to offer DeFi yield services to their users without the need of implementing complex DeFi protocols and yield strategies.
![](https://media.beehiiv.com/cdn-cgi/image/fit=scale-down,format=auto,onerror=redirect,quality=80/uploads/asset/file/fa47a035-414f-4f19-9cb7-30fa817e559a/653ab89877b282f5d9b35b8b_Dashboard-Light-Oct__1_.png?t=1701269740)
The company’s ‘Earn API’ gives businesses a way to trade and access yields on digital assets, including BTC, ETH, and major stablecoins.
Doing so gives companies the ability to acquire new customers, increase revenue, and improve retention.