Today, the team of Zerion, an interface solution for accessing decentralized finance protocols to invest, earn interest and borrow crypto assets, announced it has raised $2 million in a seed round.
The funding was led by Placeholder with participation also coming from Blockchain Ventures and Gnosis.
Zerion aims to build an integrated experience that overcomes the fragmentation, complexity, and lack of trust in decentralized financial products, that have, to date, held back the adoption of DeFi.
The Zerion platform enables non-technical users to acquire, track and manage assets on many leading DeFi protocols, including MakerDAO, Compound, Uniswap, Set, and Fulcrum.
“Joining the DeFi movement around a year ago was a big decision for our team. We were in the blockchain space for years before that, but we almost lost hope after we saw the direction where the ICO market is taking it. DeFi was a breeze of fresh air: it was something we had been waiting for since Ethereum came out. I am glad we persisted through the tough times and focused solely on innovating in DeFi.”
– Evgeny Yurtaev, Zerion Co-founder & CEO