【Cryptocurrency Savings App Nook Completes $2.5 Million Financing, Participated by Coinbase Ventures and Others】Cryptocurrency savings app Nook, founded by three former Coinbase engineers, has completed a $2.5 million financing round, with participation from Coinbase Ventures, defy.vc, and UDHC. The company declined to disclose the valuation for this round of financing.

According to Coinworld news, Nook is dedicated to making it easier for non-cryptocurrency native users to increase their cryptocurrency holdings through services like Aave, which allows users to lend their cryptocurrency to borrowers in exchange for interest.