The Series B round values the firm at $500 million.
Silicon Valley's Saddle is solving the stablecoin spread that currently dogs DeFi.
The number of developers in crypto is ticking up again, and one network remains a clear winner in attracting coders.
Announced Thursday, Cozy Finance has raised a $2 million seed round, led by Electric Capital and including Variant Fund, Dragonfly Capital, Robot Ventures, Slow Ventures, Volt Capital, Spencer Noon, Moncada and others.
Crypto VC firm Electric Capital has closed its second fund at $110 million. Of the money raised, 90% of it is institutional capital.
A new report from Electric Capital identifies which blockchains are attracting developer activity.