YieldClub unveiled its mobile app designed to make high-yield crypto savings simple and accessible, announcing an upcoming public launch alongside a $2.5 million pre-seed funding round. Aiming to bridge the gap between traditional finance and the high-return potential of decentralized finance (DeFi), YieldClub provides an intuitive platform where users can easily earn up to 12% Annual Percentage Yield (APY) on stablecoins, significantly outpacing traditional savings accounts.
The funding round was backed by prominent fintech and crypto investors including Pharsalus, Flex Capital, The House Fund, and Superlayer, with strategic angel investments from proven tech leaders like Kevin Chou (Founder, Kabam), Sam Shank (Founder, HotelTonight), Charlie Songhurst (Former Head of Strategy, Microsoft; Investor), and early Solana contributors.
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