Web3 identity layer idOS raises $4.5 million, led by Fabric Ventures

Odaily News Web3 identity layer idOS announced on X that it has completed a $4.5 million financing, led by Fabric Ventures, and formed an alliance with Arbitrum, Circle Ventures, RippleX, GnosisDAO, NEAR Protocol, Aleph Zero, Radix, Tezos, etc. The alliance aims to develop the Web3 identity layer and promote the adoption of decentralized identity in the Web3 space. idOS is a decentralized data storage and access management protocol that is committed to enabling the ecosystem to provide an identity layer for DApps to solve the problem of compliant user onboarding and reduce friction.