Insert Finance Completes $2.2 Million Financing Round with Eye on Expansion

03/02/2023 14:37 • Daily Digest • 74 views

It is reported that the NFT financial agreement Inset announced the completion of the financing of US $2.2 million, led by Hashkey Capital and Infinite Capital, and participated by Hamzah Khan, the head of DeFi of Sky9 Capital and Polygon. Insert Labs is the core contributor to the Insert Finance agreement. Insert Finance is currently based on Ethereum, but plans to expand and support other blockchains in the near future.

Insert Labs completed the pre-seed round financing of $2.2 million

Interpretation of the news:

Insert Labs, the core contributor to the Insert Finance agreement, has announced the completion of its latest financing round whereby it raised US $2.2 million. The round was led by Hashkey Capital and Infinite Capital, both of which are well-known investors in the crypto and blockchain sectors. Hamzah Khan, the head of DeFi of Sky9 Capital and Polygon, also participated in the round.

Insert Finance, which is an NFT financial agreement, is currently based on the Ethereum platform. However, the team has plans to expand and support other blockchains in the near future. This move is set to significantly improve the project’s scalability and potential user base.

The financing round is an indication that more investors are keen on investing in blockchain projects that show potential. It also implies the growing popularity and acceptance of NFTs as a legitimate investment option. The increase in demand for NFTs has resulted in increased attention to projects that offer unique and innovative blockchain solutions.

The blockchain industry has continued to attract significant investments in recent times, with more investors recognizing the potential that blockchain technology holds. The success of Insert Finance is proof that blockchain technology can be used to solve real-world problems in various sectors.

Insert Finance is poised to become a leading player in the NFT financial agreement sector, with the ability to support multiple blockchains, providing its users with a diverse range of options. The NFT sector is still in its early stages, and the success of projects like Insert Finance may pave the way for more extensive adoption of NFTs.

In conclusion, the completion of the US $2.2 million financing round provides Insert Finance with the capital needed to expand and support more blockchains in the future. With blockchain technology gaining more mainstream attention, the project’s scalability makes it well-positioned to offer innovative solutions in the NFT financial agreement sector.

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Insert Finance Completes $2.2 Million Financing Round with Eye on Expansion

Insert Labs completed the pre-seed round financing of $2.2 million

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