DeFi platform Legends completes $15 million funding, with participation from a16z and Coinbase Ventures

ChainCatcher news, the DeFi platform Legends has completed a $15 million funding round, with participation from a16z and Coinbase Ventures. The company will use the funds raised in this round to accelerate the development of the Legend application by expanding the team and focusing on marketing.

Legend is currently in the testing phase, with the company's focus on launching in the Apple App Store and building a reliable user base. In the future, it plans to generate revenue through subscriptions. Legend will aim to become a self-custody wallet, allowing users to have complete control over the digital wallet of their held cryptocurrencies.