Bitcoin wallet Xverse completes $5 million seed round financing, extends decentralized ecosystem, started in Hong Kong.
2023-08-10 12:30
Odaily News The Bitcoin Web3 wallet Xverse, which supports Ordinals and BRC-20 protocols, has announced the completion of a $5 million seed round financing. Jump Crypto led the investment, with other participating investors including RockawayX, Sfermion, Newman Capital, Alliance, NGC Ventures, V3ntures, Old Fashion Research, 2140 Bitcoin Ecosystem Fund, Bitcoin Frontier Fund, Franklin Templeton, New Layer Capital, Miton C, Gossamer Capital, Daxos Capital, Sora Ventures, Tyhke Block Ventures, IOBC Capital, as well as Despreadl and strategic angel investors.
Ken Liao, the founder and CEO of Xverse, said, "The completion of this financing round signifies the market's strong belief in Bitcoin. The seed round will allow us to accelerate development and build more DeFi, Stacks, Lightning Network, and other scalability solutions on this decentralized and secure settlement infrastructure." (CoinDesk)
Ken Liao, the founder and CEO of Xverse, said, "The completion of this financing round signifies the market's strong belief in Bitcoin. The seed round will allow us to accelerate development and build more DeFi, Stacks, Lightning Network, and other scalability solutions on this decentralized and secure settlement infrastructure." (CoinDesk)
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