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YieldNest provides a platform for ETH holders to pursue returns using Ethereum network security mechanisms.
Founded in 2023 and based in Singapore, YieldNest offers a platform for ETH investors seeking to earn yields through Ethereum's economic security mechanisms. Its co-founders include Amadeo Brands, Shawn Fladager, and Dan Octavian. In April 2024, the company raised USD 5.2 million led by Faculty Group, with Backed VC, Proof Capital, Inc., LVT Capital, Contango Digital Assets, Mozaik Capital, Kahuna, Inc., Rana Capital, Insignius Capital, and CKC Capital. The funding will support product development.
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