HomeFinTechnealthy: Raises $1.3M in Pre-Seed Funding

nealthy: Raises $1.3M in Pre-Seed Funding

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nealthy Raises $1.3M in Pre-Seed Funding

  • nealthy, a Dubai, UAE-based Web3 startup for investing in NFTs and cryptocurrency, raised $1.3m in pre-seed funding
  • Closed last November, the round was backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’
  • The company will use the funds to grow its core team, hire talent and boost sales and development
  • The company offers index tokens that enable investors to enter Web3 markets
  • Index tokens replicate the structure of classic exchange-traded funds (ETFs) by storing multiple digital assets onchain, diversifying the portfolio in case of unexpected market shifts
  • Index tokens like the company’s $NFTS retain real underlying value, with $NFTS being pegged near 1:1 with vaulted blue-chip NFTs
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