On March 7th, it was reported that the cryptocurrency broker August completed a $10 million financing round, led by Dragonfly Ventures, with participation from Foresight Ventures, Standard Chartered Bank, 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 brokerage company focused on cryptocurrencies, aiming to connect customers with lending cryptocurrencies and providing derivatives and token trading on the DeFi network, including Aave, Morpho, and Uniswap.