Ecosystem
The DeFi savings platform is extending its services beyond the US, aiming to simplify yield generation for a global retail audience.
October 6, 2025
Companies mentioned:
Nook, a DeFi savings application, has officially launched its iOS app in Canada. This move marks the first step in the company's planned international expansion. The platform is designed to simplify access to DeFi yields for retail users.
Nook enables users to deposit funds, which are then converted into USDC and deployed across a selection of vetted, high-yield DeFi protocols. This model abstracts away the complexities typically associated with DeFi, offering a more user-friendly experience for earning interest.
The Canadian launch signals Nook's intent to grow its presence beyond its initial US market. It follows a trend of platforms aiming to bridge the gap between traditional finance and the yield opportunities available in the DeFi ecosystem.
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