DeFi infrastructure company Yield.xyz Completed $5 million strategic round of financing

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According to Blockworks, Foresight News reports that DeFi infrastructure company Yield.xyz has completed a $5 million strategic round of financing, with investors including Multicoin Capital and Lightspeed.

Yield.xyz integrates staking and DeFi yields into a single API. This enables wallets, crypto applications, and digital banks to provide DeFi functionality without manually integrating multiple yield platforms.

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