Vauld is a Bangalore-based platform that provides a suite of products to earn and build crypto wealth, including an asset-backed lending and borrowing platform. The platform currently supports over 30 cryptocurrencies and offers rates to users in more than 160 countries through partnerships with Binance and BitGo. Led by co-founder and CEO Darshan Bathija, the company uses exchange and custody partners to deliver its services. Vauld raised $25M in a Series A and has raised $27M in total capital since inception. The company intends to use the Series A proceeds to build out its team—aiming to fill at least 100 new roles—and to further its global expansion. Vauld is a cryptocurrency-based lending and decentralized finance (DeFi) platform registered as DEFI Technologies Pte Ltd and based in Singapore and Bengaluru. The platform allows users to lend various cryptocurrencies and earn interest. Vauld is seeking to become a holistic DeFi platform that will offer payments, credit, and trading. The company raised $2 million and plans to use the capital to hire and expand its presence in India and enter underpenetrated markets. It also aims to promote the adoption of digital tokens and cryptocurrencies as a legitimate asset class. Vauld says it will work closely with commodities and banking regulators to ensure partners remain compliant through changing regulatory landscapes.

Total raised

$27M

Funding rounds

2

Latest round

Series A

Latest activity

Aug 2021