Phi Protocol, an on-chain identity system, has closed a new strategic seed round of funding
On November 5, Phi Protocol announced on Platform X that it has closed a new strategic seed round of funding aimed at building a decentralized authentication system dedicated to on-chain identity. The round was led by Neoclassic Capital, a global investment firm led by Steve Lee and Mike Bucella, and backed by Marc Andreessen (a16z General Partner) and Chris Dixon (a16z Cryptocurrency Managing Partner). decima Fund, Cyber, PAKA fund and Incubate Fund also participated in the round. This is Phi's second round of funding following a $2 million seed round in 2022 led by ChapterOne and Delphi Digital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
A whale sold 100 WBTC, with a total unrealized loss of $30.91 million.
Yunfeng Financial donates HK$10 million to support Hong Kong fire rescue efforts
Trending news
MoreData: BTC options expiration of 143,000 contracts with a max pain point at $98,000; ETH options expiration of 572,000 contracts with a max pain point at $3,400.
Qian Fenglei, Chairman of Hengfeng International Group, donates HK$12 million to urgently support the fire rescue at Hong Fook Court in Tai Po.
Crypto prices
More
