March 10, 2025
Balmy, a decentralized finance (DeFi) platform, has announced that its Earn Guardian product has exceeded $10 million in deposits. Concurrently, the platform has secured an investment from Gnosis VC, the venture capital arm of Gnosis, a blockchain infrastructure company. Specific financial details of the investment were not disclosed.
Launched publicly in February 2025, Earn Guardian is designed to protect DeFi assets by utilizing pre-attack intelligence. This security protocol enables users to earn yields from platforms like Aave, Compound, and Morpho, while safeguarding their investments. The system employs real-time threat detection, allowing selected security firms, known as Guardians, to monitor funds and preemptively move assets to safety if a potential attack is detected. This proactive approach aims to address the critical challenge of asset protection in the DeFi space.
Gnosis VC's investment in Balmy aligns with its strategy to support projects that enhance the blockchain ecosystem. Gnosis VC focuses on decentralized governance and scalable financial solutions, and its portfolio includes various blockchain infrastructure and product ventures. The investment in Balmy reflects a commitment to advancing secure and accessible DeFi platforms.
About Balmy
Balmy is an on-chain banking platform that offers users a comprehensive suite of DeFi services. These include asset swapping, diversified investments, yield generation, and recurring investment options, all accessible through a unified interface. The platform emphasizes security and user control, aiming to redefine the DeFi experience by integrating top-tier decentralized technology with a user-centric approach.
Website: https://balmy.xyz/
X: @balmy_xyz
About Investor
Gnosis VC
Gnosis VC is the venture capital arm of Gnosis, a company dedicated to building decentralized infrastructure for the Ethereum ecosystem. Gnosis VC invests in projects that promote open, efficient, and secure blockchain solutions, supporting innovations in decentralized governance, prediction markets, and financial products.
Location: Gibraltar, Gibraltar
Website: https://www.gnosis.io/vc
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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