Blockchain incubator PANONY completes Series A financing with a valuation of $100 million, with participation from NGC Ventures and others

According to Chain Catcher, as reported by Cointelegraph, Hong Kong-based blockchain incubation platform PANONY has completed a Series A funding round led by NGC Ventures and others, with a valuation of $100 million. The funds will be used for its expansion into other jurisdictions, launching new service products, and enhancing its network capabilities.

It is reported that PANONY is a platform that integrates incubation, investment, and consulting in the cryptocurrency field, with operations covering China, South Korea, and the United States. It has successfully helped over 100 startups globally to launch and effectively operate their marketing strategies, and provides consulting for the integration and expansion of Fortune 500 companies. (Cointelegraph)