DeFi portfolio manager Cove Finance completes $3 million Pre-Seed round of financing, led by Electrical Capital

DeFi on-chain investment portfolio manager Cove Finance has announced the completion of a $3 million Pre-Seed round of financing, led by Electrical Capital, with participation from Accomplice, Robot Ventures, Daedalus, as well as angel investors Joshua Hannah, Richard Ma, and Marc Boiron. The specific valuation information has not been disclosed. Cove Finance simplifies DeFi portfolio management, helping users streamline investment strategies to improve Yearn treasury yields.