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
Ripple wins SEC lawsuit and recovers $75M after legal battle ends
Share link:In this post: Ripple and the SEC agreed to settle their lawsuit with a $50 million payment, and Ripple will get $75 million back. This ends a legal battle that started in 2020 and has weighed on XRP for years. XRP’s price jumped over 10% as investors expect the court to approve the deal soon.
Ethereum wallets enable 7702 upgrade for 2 million users
Mint Blockchain Integrates Chainlink CCIP to Power Cross-Chain Connectivity
Ethereum (ETH) Soars Above $2000; What’s Next?
Trending news
MoreCrypto prices
More
