Bitcoin
$63,209.52-1.29%
Ethereum
$3,072.46-2.15%
Binance Coin
$589.32-0.54%
Solana
$152.14+3.99%
XRP
$0.54623527+3.06%
Dogecoin
$0.15546027-3.74%
Toncoin
$5.88+0.90%
Cardano
$0.46144129+0.69%
Shiba Inu
$0.00002408-2.26%
Avalanche
$37.26+0.06%
Tron
$0.11916973-1.75%
Wrapped Bitcoin
$63,182.57-1.35%
PlayIconNav
Crypto Prices CoinDesk 20 Index CoinDesk 20 Index
Countdown to ConsensusThe largest and longest running event that covers all sides of crypto and Web3
22
DAYS
17
HR
25
MIN
54
SEC
Markets

Zerion Raises $8.2M to Make DeFi as Easy as Coinbase

The DeFi portal has processed over $600 million in transactions since the beginning of the year.

By Jamie Crawley
AccessTimeIconJul 7, 2021 at 8:45 p.m. UTC
Updated Sep 14, 2021 at 1:22 p.m. UTC
Zerion founders Alexey Bashlykov, Vadim Koleoshkin and Evgeny Yurtaev
Zerion founders Alexey Bashlykov, Vadim Koleoshkin and Evgeny Yurtaev
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Decentralized finance (DeFi) portal Zerion has raised $8.2 million in a Series A funding round led by Mosaic Ventures.

  • The investment, announced Wednesday, also included participation from CoinDesk parent company Digital Currency Group and existing investors Blockchain.com and Placeholder.
  • The San Francisco-based company offers a portal to DeFi: Plug in your wallet address and see your crypto holdings visualized.
  • The aesthetics are remarkably similar to those of Coinbase.
  • Zerion, a competitor to other DeFi portals such as Zapper, has processed over $600 million in transactions year to date, the firm said.
  • All assets that are tradable on Ethereum are tradable through Zerion with further support pending in the near future.
  • "We already partially support Optimism, Polygon and Binance Smart Chain (BSC)," Zerion COO Vadim Koleoshkin told CoinDesk via email. "In Q3 we will have full support for rollups that have meaningful amount of users and Ethereum Virtual Machine chains like Polygon, BSC and others."

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.