Web3 blockchain development project Nycrypto Labs has completed an $800,000 Pre-Seed round of financing, led by DNA Fund

ChainCatcher news, according to bizzbuzz, the blockchain development project Nycrypto Labs, dedicated to simplifying the transition from Web2 to Web3, announced the completion of an $800,000 Pre-Seed funding round, led by DNA Fund, with participation from Transform Ventures and a group of angel investors. Specific valuation data has not yet been disclosed. The new funds will support the launch of its multi-chain wallet Tidus Wallet, which enables cross-chain lending and staking without leaving the application, aiming to reduce the risks associated with bridging (the process of transferring assets between different blockchain networks).