PANews reported on June 23 that according to CoinDesk, DeFi infrastructure company Veda has completed a $18 million financing led by CoinFund, with participation from Coinbase Ventures, Animoca Ventures, GSR, Mantle EcoFund, BitGo and Draper Dragon. Veda provides a modular vault framework that supports developers to build simplified DeFi yield products. It has processed over 100,000 user deposits and managed over $3.7 billion in assets. Its cooperative projects include ether.fi, Plasma and Berachain.