
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.