Defy, a fintech startup building India’s first social crypto exchange, recently raised $5.5M in seed funding. The round was backed by Y Combinator, Goat VC, JAM Fund and Goodwater. The company aims to build a platform for crypto, centered around social connection to make the subject less intimidating. Users can use the social channel to interact with friends and fellow experts. Additionally, Defy aims to educate users through conversation and gamified content.
Defy raises $5.5 million to build India’s first social crypto exchange