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Data Center News > Blog > Investments > Rhinestone Raises $5M in Seed Funding
Investments

Rhinestone Raises $5M in Seed Funding

Last updated: August 15, 2024 10:54 am
Published August 15, 2024
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Rhinestone Raises $5M in Seed Funding
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Rhinestone, a startup offering instruments for builders to reinforce sensible account options, raised $5m in seed funding.

The spherical was led by 1kx, with participation from CoinFund, Lattice, Heartcore, Circle Ventures , Alchemy Ventures, zkSync, Cyber, in addition to angels from Biconomy, WalletConnect, WorldCoin, Lit Protocol and Pimlico. 

The corporate intends to make use of the funds to develop operations, its sensible account infrastructure, in addition to its developer incentive program. 

Rhinestone transforms sensible accounts right into a platform for permissionless innovation. Its infrastructure permits any developer to increase the function set of any sensible account by way of self-contained modules. Utilizing the platform, builders can reuse, construct or customise sensible account modules to create highly effective onchain merchandise.

FinSMEs

15/08/2024

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See also  XION's Chain Abstraction Drives Success for Prominent Brands Through EarnOS Platform
TAGGED: Funding, Raises, Rhinestone, Seed
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