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Web3 Social Wallet AntFun Raises $5 Million in Strategic Funding

Source
Minseung Kang

Summary

  • Web3 social wallet AntFun said it raised $5 million in strategic funding.
  • The round was conducted through the AntFun token and included Web3 investment firms such as MH Ventures.
  • AntFun said it plans to use the proceeds to enhance its social Web3 wallet product and expand its ecosystem.

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Photo: AntFun X screenshot
Photo: AntFun X screenshot

AntFun, a Web3 social wallet project, has raised $5 million in strategic funding.

Crypto-focused media outlet BlockBeats reported on June 22 that AntFun's social wallet completed a $5 million strategic funding round through the AntFun token.

Participants in the round included Web3 investment firms MH Ventures, Zera Ventures, Juara Capital, X21 Digital and Becker Ventures.

AntFun is expanding a Web3 wallet ecosystem that combines social and trading features. Through the wallet, users can access social networking, alpha discovery, alpha trading and on-chain trading functions.

The company said it plans to use the funds to further enhance its social Web3 wallet product and expand its ecosystem.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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