Ethos Wallet received an investment of 4.2 million dollars in its seed investment tour.
Ethos Wallet, which received a seed investment of 4.2 million dollars, was founded by former Meta employees.
Ethos Wallet Achieves a Satisfactory Investment
Ethos Wallet, which is integrated into decentralized applications (dApps) on the Sui Blockchain, has left its seed investment round led by Cryptos Capital, raising $4.2 million.
According to a press release by the company, the funds will be used for the continued development of recruitment, wallet and developer infrastructure. Additionally, the product will be used to add features beyond traditional wallet features.
Other investors in the round included Meltem Demirors, chief strategy officer of Mysten Labs, Tribe Capital, Matrixport, Charge Ventures, Builder Capital, Alliance DAO, and digital asset investment firm CoinShares.
Ethos Wallet, co-founded by CEO Nadia Eldeib and Chief Technology Officer Jared Cosulich, is the first application released last year on Sui’s developer network, the Layer-1 Blockchain created by Mysten Labs, which also includes former employees of Facebook parent company Meta. features.