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August Completes $10 million Funding, Led by Dragonfly Ventures

On March 7, crypto broker August completed a $10 million funding round, led by Dragonfly Ventures, and participated by Foresight Ventures, Standard Chartered, and 6th Man Ventures. The funds raised will be used to develop marketing strategies, hire more employees, and continue to develop new technologies. August is a cryptocurrency-focused brokerage that aims to connect clients to a DeFi network that lends cryptocurrencies and offers derivatives and token trading, including Aave, Morpho, and Uniswap.