A Pre-A Investment round worth $1 million was closed by Dapp.com last Thursday. Hashed, a blockchain accelerator and Venture Capital firm in South Korea, led the investment round. Investment Round worth 1 Million Closed by Dapp.
The company is a leading dApp market data distribution platform, analyzes data for decentralized application products. The blockchain technologies are used for EOS, Ethereum, and other alt-coins to build dApp products.
Investment Round worth 1 Million Closed by Dapp. Kyle Lu, founder, and CEO of Dapp.com said in a statement that the funds would be invested in opening new markets. He said:
“These funds will be used to help Dapp.com boost our user base and revenue by expanding to new markets (especially Korea), as well as to drive growth through opportunities unlocked by the new resources injection.”
Hashed, founded in 2017, is one of the largest crypto asset firms in South Korea. Some of its prior investments include blockchain platforms such as:
- Oasis Labs
Another funding round was also closed this week; it was led by Naspers and Blockchain.com Ventures, for a competitor dAapp data analysis site: DappRadar.