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Fortune
Fortune
Catherine McGrath

DeFi company Blueprint Finance raises $9.5 million from Polychain Capital

(Credit: Courtesy of Blueprint Finance)

Unlike in traditional finance, it isn’t as easy as letting money sit in a savings account to earn interest on your crypto holdings. In order to see a return in the crypto space, holders have to go through a number of complicated steps to engage programs where they can loan out their crypto to borrowers with interest.

That’s why Blueprint Finance, a crypto startup based in New York, is seeking to make it easier for crypto investors to put their holdings to work. The company announced on Monday that it has raised $9.5 million in a funding round led by Polychain Capital with participation from YZi Labs, formerly Binance Labs, and VanEck. 

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