• Web3 startup nealthy raises $1.3M in pre-seed backed by top industry investors
• The platform provides diversified exposure to NFTs and cryptocurrency investing
• The funding round closed in November 2022 and the capital injection will be used to grow its team, hire new talent and seek greater adoption
Web3 Startup Nealthy Raises Funds
Web3 startup nealthy has raised $1.3 million in a pre-seed funding round backed by top industry investors. This Dubai incorporated platform offers users access to diversified investment opportunities such as Ethereum-based index tokens that replicate traditional exchange-traded funds (ETFs). With this capital injection, nealthy aims to grow its team, hire new talent and increase its reach within the Web 3 space.
Ethereum Based Index Tokens
neathy’s index tokens allow for on-chain storage of digital assets with the portfolio seamlessly diversified in the event of sudden market shifts. An example of an index token is nealthy’s $NFTS which like other offerings, has value that is pegged nearly 1:1 to given blue-chip NFTs. This product makes it easier for first time investors to access different investments across the Web 3 space without having too much risk involved.
Growing Interest In Diversification
Ludwig Schroedl, CEO of nealthy noted that there is an increasing demand for diversification within the crypto sector due to the massive growth witnessed in NFT trading markets. He said this product could provide superior investment opportunities at a reduced level of risk while also helping expand their reach with multiple products being released soon.
Dubai Incorporated Platform
Nealthy is incorporated in Dubai which recently has become more crypto friendly. This jurisdiction allows them access to a larger investor base as well as providing them with more options when it comes to expanding their services within the region and beyond.
Conclusion
The success of this pre-seed funding round shows just how much potential there is for Web 3 startups such as Nealthy who are looking to tap into this growing ecosystem by removing barriers from entering into digital currency markets while also providing secure investments across different platforms with minimal risk involved