On December 5th, DeFi.app completed a $2 million seed round of financing, with a valuation of $100 million. The round was led by Mechanism Capital, with participation from Selini Capital, North Rock Digital, and about 50 angel investors. This financing was completed through a Simple Agreement for Future Tokens (SAFT) structure, reflecting the fully diluted valuation of DeFi.app's native token HOME, which has not yet been launched. DeFi.app aims to be the "Robinhood of the DeFi space," committed to simplifying decentralized financial transactions while maintaining self-custody of assets.