Tech Company Financing Transactions
XProtocol Funding Round
XProtocol secured a $800 thousand investment round on 6/28/2024. Investors included Cogitent Ventures, Dragonfly Capital and Saison Capital.
Transaction Overview
Company Name
Announced On
6/28/2024
Transaction Type
Venture Equity
Amount
$800,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts. Looking ahead, XProtocol plans to onboard new platforms, entertainment, and gaming projects later this year, which are yet to be announced. These forthcoming initiatives aim to broaden the ecosystem further, creating more opportunities for developers and users alike.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Singapore, Undisclosed
SG
Singapore, Undisclosed
SG
Phone
Undisclosed
Website
Email Address
Overview
XProtocol is a modular entertainment chain that uses base's superchain technology. Developer of a cross-chain protocol designed to obtain sustainable cash flow. The company provides decentralized, safe and quick bridging options for cross-chain management of assets and data analysis aggregation, market prediction, non-fungible tokens and decentralized finance and low-cost access to the metaverse for decentralized applications (dApps) on heterogeneous chains, enabling users to expand and establish an open application ecology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Changyou Yep
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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