Azura, a new DeFi platform supported by the Winklevoss twins, has launched after raising $6.9 million in funding from Volt Capital, Alliance DAO, and other notable investors.
Azura is an all-in-one crypto application aggregation layer, aiming to make decentralized finance (DeFi) more accessible. Launched on October 22, it enables users to trade assets across multiple blockchains via a single platform. The goal is to lower entry barriers for new investors while preserving the benefits of DeFi, such as self-custody and decentralization.
The $6.9 million funding round was led by Initialized Capital, an early Coinbase investor, with participation from Winklevoss Capital, Solana co-founder Raj Gokal, and others. Azura seeks to reduce the complexity of DeFi, which currently involves using multiple protocols, wallets, and bridges, making it less appealing to beginners.
Azura plans to unify these decentralized applications into a single, user-friendly interface, helping to drive wider DeFi adoption and simplify blockchain-based trading.