Dwellfi Raises $3M in Seed Funding for AI, Blockchain, and Tokenization Solutions for Private Funds and Fund Administrators
Palo Alto-based company Dwellfi has secured $3 million in Seed funding from E1 Ventures, Stanford Blockchain, Hustle Fund, Blockchain Coinvestors, and Fortified Ventures. The funds will be used to expand operations and development efforts for its AI, blockchain, and tokenization solutions for private funds and fund administrators. DwellFi's SaaS platform is SOC-2 certified and caters to enterprise clients managing private funds, with over $200 billion in assets under administration. CEO Kumar Ujjwal said the investment marks a significant step towards the company's mission of transforming asset management through digital excellence.
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
Tether (USDT) Shares Its Profit Generated in 2024
Tether (USDT), the world's largest stablecoin issuer, shared the amount of profit it made in 2024.
New Proposal from Bitcoin Hater Peter Schiff: “Let’s Create a New Altcoin Reserves Instead of BTC Reserves”
Peter Schiff, known for his intense criticism of cryptocurrencies, opposed the strategic Bitcoin reserve proposal.
Institutions to Shift Toward Altcoins by 2025, Says Bitwise CIO
Patricia reportedly begins customer repayment plan after 2023 cyber attack
Share link:In this post: Patricia Technologies has reportedly begun repayments following a 2023 breach where users’ funds were stolen. Police intensified efforts to apprehend the criminals, arresting a politician in connection to the theft. Patricia has assured its affected users of prompt repayments in batches.
Trending news
MoreCrypto prices
More
