ChainCatcher news, the on-chain financial platform VETA Finance announced the completion of a $2.85 million strategic financing round. This round was led by Matrixport's venture capital arm, Matrixport Ventures, with participation from imToken Ventures, WT Capital, Future Money Group, and 280 Capital. The funds will be used to further optimize the platform's product offerings, enhance IT and data service construction, and expand cooperation channels to achieve a new round of business growth.In addition, VETA Finance founder Daniel stated: "Cryptographic assets are one of the most volatile and fastest-growing asset classes globally. To enable investors to seize opportunities in the crypto market, VETA Finance transforms the 'volatility dividend' of cryptographic assets into financial products that investors can easily purchase. With the support of this round of investors, we plan to further enrich VETA Finance's product offerings while maximizing the safety and return of funds."

ChainCatcher news, the DeFi structured product platform VETA Finance officially launched its mainnet on July 21. VETA focuses on volatility and structured products, offering range returns such as snowball, discounted positions, and premium reductions.VETA mainly covers two major businesses: "asset management" and "platform." The asset management business currently has an AUM of over 7 million USD. It primarily serves professional institutions and ultra-high-net-worth individuals; the platform business offers a full range of structured products, including interest-first payments and margin trading, with margin trading enabling wallet connections for BTC/ETH staking (the contract stipulates that the staked assets are directly deposited into AAVE for interest), allowing authorized amounts to directly purchase products and enhance spot asset returns.