Share this article
Housecat Raises $3.4M to Help Bridge DeFi, Investment Management
Ville Vesterinen, CEO and co-founder, calls it the “Substack of asset management” with a crypto twist.
By Sam Reynolds
Updated May 11, 2023, 4:03 p.m. Published Feb 16, 2022, 12:00 p.m.
Housecat, a crypto startup that allows users to mirror the trades of an experienced asset manager, closed a 3 million euro (US$3.4 million) fundraising round Wednesday.
- The Helsinki-based platform allows any professional asset manager or aspiring asset manager to create their own operation, CEO Ville Vesterinen explained to CoinDesk.
- After users link their wallet to Housecat, they can “subscribe” to an asset manager. The manager's trades will be mirrored in the wallet, with the asset manager earning fees based on performance and the value of assets under management.
- “We have built Housecat for ourselves and for everyone like us who would like to tap into the incredible financial opportunity that is crypto – but who don’t have time or the technical expertise to follow all the different projects, tokens, and investment opportunities,” Vesterinen said in a release.
- Fund managers never custody the user’s funds, which removes the burden as well as licensing and regulatory requirements from the operation.
- “You can think of it as Substack for asset management,” said Vesterinen, referring to the platform that allows writers to start paid newsletters.
- Housecat will start onboarding its first investors in March. The protocol is now in beta, its developers told CoinDesk.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
JPMorgan’s tokenized dollars are quietly rewiring how Wall Street moves money
The Wall Street titan’s recent embrace of a public blockchain is a harbinger of things to come.
What to know:
- The move from a private chain to Coinbase’s Base layer is driven by demand from institutions, JPMorgan said.
- The only cash equivalent options available in crypto are stablecoins, so there’s a need for a bank deposit product for payments on public chains, according to the Wall Street bank
- Typically JPM Coin can be used on Base as a means to either keep collateral or make margin payments for transactions related to crypto purchases.
Top Stories
