The encryption savings app Nook has completed a $2.5 million financing round, with participation from CEX Ventures and others.

On June 18, Fortune reported that Nook, a crypto savings app founded by three former CEX engineers, closed a $2.5 million funding round with participation from CEX Ventures, defy.vc and UDHC. The company declined to disclose the valuation of the round. It is reported that Nook is committed to making it easier for non-crypto native users to increase their crypto holdings through services such as Aave, which allows users to lend their crypto to borrowers in exchange for interest.

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