Odaily News - French startup Narval has announced the completion of a $4 million seed funding round, led by BlockTower VC, with participation from a16z, Fabric Ventures, Bpifrance, Cherry Crypto, Motier Ventures, Sandeep Nailwal, co-founder of Polygon and Sebastien Borget, co-founder of The Sandbox.



The company is building its "Web3 wallet usage platform" and aims to provide organizations with a more secure way to interact with digital assets. It will help organizations manage and utilize their cryptocurrencies, NFTs, and other assets. Narval plans to use the funds raised in this round to hire engineers and designers, while continuing to develop the platform and strengthen its marketing efforts. (The Block)