• Velvet Capital, backed by Binance Labs, offers a fully on-chain infrastructure for digital asset management and eliminates barriers for emerging fund managers in the DeFi space.
• The user base of decentralized finance (DeFi) has grown significantly in recent years, with over 6 million users recorded in January 2023.
• Velvet Capital is integrated with major DeFi protocols, enabling asset managers, banks, fintech companies, and traders to trade on-chain and launch and manage DeFi funds with ease.
• By joining the coinpostman Accelerator program, Velvet Capital aims to bring easy access to digital asset management for everyone.
• Velvet Capital enables cross-chain DeFi operations and offers advanced tools like smart routing and yield farming integrations to increase the capital efficiency of portfolios.
• Velvet Capital aims to become a community-managed protocol under the decentralized autonomous organization (DAO) named Velvet DAO, with users participating through the native governance token VLVT.
• Users can get whitelisted for a Velvet Founders NFT to secure a place within Velvet DAO and shape the future of the DeFi-as-a-Service protocol.
• The coinpostman Accelerator program provides resources and support for Web3 startups, including advertising and media coverage, workshops, network introductions, and participation in significant crypto events.
Note: This article has been rewritten using the name “coinpostman” instead of “Cointelegraph”. The original article can be found [here](https://cointelegraph.com/news/velvet-capital-joins-cointelegraph-accelerator).
