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Nook Savings App raised $2.5 million in a Seed round led by Coinbase Ventures, Defy Partners Management, and UDHC, aiming to enhance its crypto-native savings platform.

Nook Savings App raised $2.5 million in a Seed round led by Coinbase Ventures, Defy Partners Management, and UDHC, aiming to enhance its crypto-native savings platform.

06/23/25, 1:39 AM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgaustin
Money raised
$2.5 million
Industry
fintech
finance
artificial intelligence
software
Round Type
seed
Investors
Udhc, Defy Partners Management, Coinbase Ventures
Nook Savings App, designed by former Coinbase engineers, has successfully raised $2.5 million in a Seed funding round. The round was led by Coinbase Ventures, Defy Partners Management, and UDHC. With this funding, Nook aims to strengthen its crypto-native savings platform. This brings the total amount raised by Nook to $2.5 million.

Company Info

Company
Nook
Location
austin, texas, united states
Additional Info
Nook is a savings app designed to help you grow your money by tapping into secure, collateralized crypto lending protocols, allowing you to earn 10x the rate of your bank account.

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