Digital identity verification company Magic ID completes €350,000 Pre-Seed round of financing
Digital identity verification company Magic ID announced the completion of a €350,000 pre-seed round of financing, with participation from SFC Capital, Presto Ventures, and a group of angel investors. Magic ID's decentralized identity infrastructure can help simplify the KYC (Know Your Customer) process for enterprises, and is compliant with the EU's General Data Protection Regulation (GDPR) regulatory requirements. The new funds will be used to expand the team and increase research and development.
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
Blockchain Interoperability & Building with Hyperlane
These are not the bots you're looking for
Chainlink (LINK) Hits New Milestone as Lunex Network and Optimism (OP) Soar
Cardano (ADA) Founder Charles Hoskinson: “Ten Years Later, We Will Surpass Ethereum, Twenty Years Later, We Will Surpass Bitcoin”
Cardano founder Charles Hoskinson made some really bold predictions for ADA in his statement. Here are the details.
Trending news
MoreCrypto prices
More
