August Digital has successfully completed a $10 million Series A funding round aimed at enhancing institutional access to decentralized finance (DeFi) opportunities. The one-click trading platform is designed to simplify the management of digital assets for institutions. The funding round saw participation from various investors, including StepStone and Maven11 Capital, who expressed enthusiasm about the platform's potential to open the DeFi frontier to institutional investors. This funding comes amid a challenging capital environment, making it notable for its size. Additionally, the company aims to improve capital efficiency by allowing institutions to use staked assets as collateral for structured products and over-the-counter derivatives.