According to Techub News and CoinDesk, the DeFi infrastructure company Veda has completed a $18 million financing round led by CoinFund. The company aims to simplify DeFi yields for cross-blockchain applications and institutions. The new funds are intended to support its platform, enabling applications and institutions to offer simplified encryption yield products, including a modular vault framework that allows developers to create smart contracts to manage yield strategies without exposing users to the complexities of DeFi.