The USDC-powered savings product could be "shockingly big" for getting fintechs into DeFi, said Compound's Robert Leshner.
Robert Leshner's Robot Ventures has secured $4 million in funding from Galaxy Digital and Paradigm to find early opportunities in DeFi.
Braintrust launched out of stealth mode Wednesday, backed by a $6 million seed round featuring True Ventures, Homebrew Ventures, Uprising Ventures, Galaxy Digital, IDEO CoLab, Kindred Ventures and Vy Capital.
Users of the Compound lending platform will begin earning COMP governance tokens in mid-June.
The startup looks to boost mainstream crypto adoption by making it easier for developers to put crypto wallets in their applications.
For its Version 2 launch, crypto interest app Compound has partnerships with Coinbase Wallet, Zerion and a bridge to fellow DeFi leader Uniswap.