SINGAPORE, June 9, 2022 /PRNewswire/ -- Request Finance, the Web3 enterprise crypto payments startup, has closed a $5.5 million seed round with institutional backers including Animoca Brands, Europe's leading early-stage venture capital investor Balderton Capital, and XAnge.
The seed round also attracted a star-studded lineup of Web3 founders including Sebastien Borget co-founder and COO at The Sandbox, Michael Kong, CEO of Fantom, and Stani Kulechov, founder and CEO of Aave, and Julien Bouteloup, Founder of StakeDAO.
The fresh round of capital will support the company's efforts to expand its in-app services, and grow its team to capture a greater share of the growing crypto payments space. According to a report from blockchain data platform Chainalysis, the volume of cryptocurrency transactions globally grew to $15.8 trillion in 2021, up 567% from 2020.
Yat Siu, the executive chairman and co-founder of Animoca Brands, commented: "The services provided by Request Finance allow Web3...
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