In a groundbreaking move to provide its retail customers with seamless access to decentralized financial opportunities, Veera, a global on-chain neobank, today announced a strategic partnership with Yield.xyz, a DeFi yield platform. The collaboration enabled Veera to integrate Yield.xyz’s yield infrastructure on its neobank platform to provide its retail customers with innovative DeFi opportunities.
Veera is a global on-chain neobank that allows users to invest, borrow, spend, earn, and move assets in a unified self-custodial financial platform seamlessly, without having to navigate several DApps (decentralized applications). The platform is built for everyday (retail) customers, enabling them to invest across crypto, stocks, and traditional real-world assets and providing them with secure borrowing services and global spending, all backed by passkey-protected, cross-chain technology.
Veera Selects Yield.xyz To Open Access To DeFi Yields
With the collaboration, Veera combined Yield.xyz’s DeFi yield solution on its neobank to allow its retail users to seamlessly access on-chain yield opportunities with greater capital rewards. Yield.xyz is a yield infrastructure platform that aggregates multiple DeFi yield sources into a single interface, enabling people to access real-time, on-chain yields across staking, lending, and liquidity pool markets. The platform allows users to gain yield exposure without managing yield farming complexity or fragmented liquidity, powering wallets and on-chain applications for optimized DeFi experiences.
Through collaboration above, Veera integrated Yield.xyz’s yield farming pools into its neobank ecosystem, a move that enables it to create a more efficient pathway for clients to participate in innovative DeFi markets. The integration of Yield.xyz’s yield infrastructure complements Veera’s mission to bridge traditional finance with decentralized financial applications.
Bringing Retail Investors Into DeFi
Through the cooperation, retail customers on Veera’s neobank can now directly access Yield.xyz’s DeFi yield markets, benefiting from simplified yield solutions and enhanced security.
As DeFi adoption is rising, catalyzed by clearer regulations, interest from institutions, and global retail demand growth accelerating, Veera and Yield.xyz remain dedicated to developing an infrastructure required to scale retail yield markets in Web3.
