Legend Secures $15M in Funding to Bring DeFi Mainstream
Summary
We aim to redefine the onchain experience through a unified interface that solves one of blockchains biggest challenges: the user experience.Web3 is shaping the future of global finance. DeFi introduces greater efficiency, real-time interest rates, lower costs, and user-controlled assetsenhancing, rather than replacing, traditional financial systems.While protocols like Morpho, Aave and Uniswap have grown into scalable, widely-used platforms, accessibility and fragmentation remain a challenge. Powered by an embedded smart contract wallet, Legend streamlines the experience by removing common pain pointsno complex wallet connections, no risky third-party websites.At launch, Legend will prioritize Layer 2 blockchain support, with a strong focus on EVM chains (especially Base), ensuring fast, low-cost transactions for users.Every major tech shift follows the same pattern: it starts as a niche, then a few companies make it effortlessand suddenly, its everywhere. With the addition of other infrastructure advancementsAccount abstraction, passkeysits finally possible to bring this infra together to elevate DeFi to the global stage.We believe financial services should be open, transparent, and always on. With built-in transparency and programmable building blocks, the requirement of many intermediaries is removed and end users benefit from the trickle down efficiency gain and cost savings.