Kresus, a Web3 application, seeks to attract more users to Web3.
The company is working to bring users to NFT and other Web3 products. The company adds additional features to its SuperApp for this topic.
Kresus Raised $25M To Support Its SuperApp
Web3 app developer Kresus has closed a $25 million funding round to support the development of SuperApp, potentially opening the door to broader consumer acceptance of digital assets.
The Series A funding round was led by Liberty City Ventures, with additional participation from JetBlue Ventures, Craft Ventures, Franklin Templeton, Marc Benioff and Cameron and Tyler Winklevoss. Kresus announced that capital will go into product development and hiring.
Kresus is currently developing SuperApp, a Web3 platform that allows crypto users to buy and sell digital products such as NFTs, access financial services, and create a universal identity for their internet activity.
The company says its upcoming app will help users fill the void for Web3, a concept that is believed to represent the future state of the internet powered by Blockchain technology, but is still unclear.