• Bitcoin
  • NFT
  • Binance
  • ETH
  • DeFi
  • Metaverse
  • IDO
  • Coinbase
  • Solana
  • ETF
  • FTX
  • GameFi
Newsletter
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
  • Home
  • Crypto News
  • Market
  • Learn
No Result
View All Result
CoinLive
No Result
View All Result
Home Crypto News

Iteum has efficiently raised $ one.five million from heavyweight VC Morningstar Ventures

190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Iteum is pleased to announce that the undertaking has officially closed the preliminary round with $ one.five million in funding obtained from Morningstar Ventures. This is thought of an vital milestone in assisting Itteum carry on to employ and develop technologies and refine its solutions in the potential.

Related articles

Hong Kong cryptocurrency exchange Hounax scammed users out of $15.4 million

Hong Kong cryptocurrency exchange Hounax scammed consumers out of $15.four million

November 27, 2023
Binance Labs invests $3.15 million in Open Campus, EDU builds columns

Binance Labs invests $three.15 million in Open Campus, EDU builds columns

November 27, 2023

Iteum is the world’s initially decentralized cross-chain information brokerage platform, in which end users have comprehensive autonomy and manage in excess of their information in a total new way.

Partnership specifics

Iteum obtained this funding as portion of the $ 15 million Elrond Dubai Incubator initiative funded by Morningstar Ventures in October 2021. Iteum was the initially undertaking chosen from a group of in excess of a hundred brilliant candidates. With the revenue raised, Iteum will be utilized to encourage and influence in the Middle East area, notably reinforcing the picture that reminds end users of Iteum as a top decentralized information brokerage platform.

To find out much more about the system, end users can read through this paragraph.

However, this is just the starting, Morningstar guarantees to assistance Iteum even much more on the subsequent journey.

Mark Paul, founder of the Iteum undertaking stated: “Itheum could not be happier to function with Morningstar Ventures and their excellent staff. They are offering Iteum with the vital assets and expertise we require to more lead Iteum and we search forward to a extended-phrase partnership with them to jointly revolutionize the performance and core support of lIthium solutions. “

Danilo Scarlucci, CIO Morningstar Ventures, also shared a number of phrases: “After cautious consideration of hundreds of tasks in excess of the previous 3 months given that we announced the Dubai Elrond incubator, we are delighted to reveal Itheum to our neighborhood. They have seriously caught our eye with their exclusive worth proposition when it comes to safeguarding consumer information and monetizing it as a result of decentralized trading. They carry on to impress us with their cross-chain abilities, NFT and metaverse applicability and modern ideas when it comes to information monetization … “

About Morningstar Ventures

Morningstar Ventures is a venture capital fund that assists help and finance modern initiatives proposed by early stage blockchain tasks. The enterprise is headquartered in Dubai, UAE and largely focuses on startups in the blockchain and digital assets sectors.

About Iteum

Iteum presents a set of resources that permit you to website link substantial-worth information from Web2 to Web3 and consequently carry out peer-to-peer transactions without having any centralized intermediary. This will permit end users to maintain their information protected and effortlessly join the Web3 and Metaverse information economic climate.

Find out much more about the undertaking: Twitter | Telegram | Website | Discord

Note: This is sponsored content material, Coinlive does not straight endorse any information and facts from the over write-up and does not assure the veracity of the write-up. Readers really should perform their very own investigate ahead of creating selections that impact themselves or their corporations and be ready to get duty for their very own selections. The over write-up really should not be viewed as investment suggestions.

Maybe you are interested:

Tags: heavyweightIteummillionMorningstarRaisedSuccessfullyVentures
Share76Tweet48

Related Posts

Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly

by shark
June 2, 2025
0

Japan's Metaplanet has acquired 1,088 more Bitcoin for $117.7 million, positioning it among the top ten global holders.

Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak

by shark
June 2, 2025
0

The Bitcoin ETFs experience a net outflow of $157 million, ending six-week inflow streaks, reflecting shifts in investor sentiment due...

Nervos Network’s Force Bridge Compromised in $3M Hack

by shark
June 2, 2025
0

Cyvers Alerts reported a hack on Nervos Network's Force Bridge, compromising over $3 million in assets on June 2, 2025.

BitoPro Hack: $11.5 Million Lost in Taiwan

by shark
June 2, 2025
0

BitoPro, Taiwan-based crypto exchange, suffered an $11.5M hack in May 2025, with user fund impacts reported.

US Congress Moves to Introduce New Crypto Legislation

by shark
June 2, 2025
0

US Congress advances CLARITY Act for digital asset regulation, affecting crypto markets and investor confidence.

Load More

Tags

analysis announces Bank billion Binance Bitcoin Blockchain BTC CEO Coin Coinbase Crypto cryptocurrencies Cryptocurrency DeFi ETH Ethereum Exchange Finance FTX fund game General News Information Investment Latest Launch launches market Metaverse million Network News NFT platform Price project Protocol Review SEC Solana Token trading users wallet

Recent Posts

  • Metaplanet Acquires 1,088 BTC Expanding Holdings Significantly
  • Bitcoin ETFs See $157 Million Outflow Ending Inflows Streak
  • Nervos Network’s Force Bridge Compromised in $3M Hack
  • BitoPro Hack: $11.5 Million Lost in Taiwan
  • US Congress Moves to Introduce New Crypto Legislation
  • Singapore’s MAS to Curb Overseas Crypto Activities by 2025
  • Metaplanet Acquires 1,088 Bitcoin, Total Reaches 8,888 BTC
  • Metaplanet Acquires Additional 1,088 Bitcoins
  • About
  • FAQ
  • Contact Us
  • IGO
  • Altcoin
  • Terra
  • Launchpad
  • P2E
  • META
  • AXS
Email us: [email protected]

© 2021 CoinLive - Crypto News 24/7

No Result
View All Result
  • Home
  • Crypto News
  • Market Analysis
  • Learn

© 2021 CoinLive - Crypto News 24/7