Tech Company Financing Transactions
Nycrypto Labs Funding Round
DNA Capital, Transform VC and private investors participated in a $800 thousand Seed capital raise for Nycrypto Labs. This VC investment round was announced on 7/3/2024.
Transaction Overview
Company Name
Announced On
7/3/2024
Transaction Type
Venture Equity
Amount
$800,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate the launch of its flagship product, Tidus Wallet -- a multi-chain wallet that enables lending, borrowing, and staking cross-chain without leaving the app.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Cranford, NJ Undisclosed
USA
Cranford, NJ Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in late 2020, nycrypto is a company with a mission - to remove one of the most ubiquitous obstacles of participation in the decentralized world, and open the doors to safe, easy, long-term adoption of DeFi and the Metaverse. At nycrypto, we believe that that obstacle is a lack of unified access to reliable, unbiased, and comprehensive technology. From blockchains, to cryptocurrencies, to decentralized finance, and the Metaverse, the crypto space is a complicated one.
Management Team
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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