Veera Secures $10 Million to Expand On-Chain Financial Services

Launched in January 2025, the Singapore-based crypto platform rapidly gained over two million downloads and 220,000 monthly active users after securing major investor support.

Summary

Singapore’s crypto financial services platform Veera announced it has raised $10 million in Pre-seed and Seed rounds from Sigma Capital, CMCC Titan Fund, 6th Man Ventures, and Ayon Capital. Launched in January 2025, its mobile app has already surpassed two million downloads and counts 220,000 monthly active users. According to the official statement, funds will be used for product development and expansion of its on-chain financial services.

Terms & Concepts
  • On-chain financial services: Financial products and services executed directly on a blockchain network, enhancing transparency and automation.
  • Pre-seed funding: An initial investment round supporting product development before formal market launch.
  • Seed funding: An early-stage capital round aimed at helping startups grow their product and reach initial customers.