9 July 2025 – Velvet Capital, a DeFAI Trading & Portfolio Management Ecosystem powered by intents announced its $3.7 million raise. The capital accelerated Velvet’s mission to make portfolio management and trading frictionless for funds, DAOs, and individual traders while powering the rollout of its new governance and utility token, VELVET.

Alongside YZi Labs and Blockchain Founders Fund, the rounds drew backing from FunFair Ventures, Selini Capital, Mucker Capital, PAKA, LucidBlue, Mindfulness Capital, SkyVision Capital, Gate Labs, Poolz Ventures, NexGen, Cointelegraph Accelerator, Gains Associates, Rarestone, Echo, DWF Ventures, and other strategic investors.

“Velvet is taking the complexity out of DeFi portfolio creation. They’ve built a stack that allows teams to deploy, automate, and scale on-chain strategies without reinventing infrastructure. We’re excited about their long-term role in powering asset management across crypto.” — Aly Madhavji, Managing Partner, Blockchain Founders Fund

A vertically integrated DeFAI stack

  • AI framework: Velvet includes a unique self-improving multi-agent AI operating system tailored specifically for DeFi. Users are able to find alpha, get TA and price predictions, and execute trades and DeFi actions via natural language.

  • Trading terminal: Explore trending, high-volume and new tokens, top gainers, yield-generating DeFi pools - analyze & trade any of them directly from your wallet.

  • Portfolio management suite: Create either a personal or a shared vault for your community to join: either allow only whitelisted wallets to deposit or open it up to everyone.

  • APIs: Spin off an app under your own web domain & branding to preserve direct client relationships.

“At Quantix we’ve been using Velvet’s vault infrastructure to manage our private investments and native token in one place on Ethereum. Deposits, withdrawals, and swaps are seamless, and the contracts are rock-solid. We’re excited to keep building alongside the Velvet team.” — Jake Seltzer, Managing Director, Quantix Capital

VELVET & veVELVET — Aligning long-term incentives

Velvet’s ecosystem token VELVET unlocks full utility when staked as veVELVET (vote-escrowed VELVET). Users lock VELVET for up to four years; the longer the lock, the greater the veVELVET received. Balances decay linearly, encouraging continuous re-locking and sustained engagement.

Benefits to veVELVET stakers include

  • Real yield: a share of platform revenue is used to buy VELVET on-market and distribute it to stakers.

  • Additional VELVET emissions tied to individual platform usage.

  • Tiered trading fee discounts and enhanced referral sharing.

  • Partner airdrops & rewards from new projects integrating Velvet’s OS.

  • Governance rights on DAO decisions, integrations, and fee parameters.

“FunFair shares Velvet Capital’s belief that the future of asset management will be trustless, transparent, and on-chain. By coupling robust security with an intuitive UX, Velvet is laying the foundations for a more open financial ecosystem.” — Michael O’Connor, Partner, FunFair Ventures

The VELVET listing will be the first opportunity for the general public to purchase VELVET and receive exclusive access to governance, fee discounts, and real yield from the Velvet Ecosystem. Apart from centralized exchanges, users will be able to buy VELVET directly from the Velvet App, and stake to earn additional rewards.

About Velvet Capital

Velvet Capital, is a DeFAI Trading & Portfolio Management Ecosystem powered by intents, offering a vertically integrated stack with a live app, APIs for easy integration and a DeFAI OS for agents.