Crypto Savings App Nook Raises $2.5 Million in Funding

Cryptocurrency savings app Nook has raised $2.5 million in funding, with participation from defy.vc and UDHC. The company declined to disclose the valuation for this round. Nook aims to make it easier for non-crypto-native users to grow their cryptocurrency holdings through services like Aave, which allows users to lend their crypto assets to borrowers in exchange for interest.