Tweed: Raises $4 million
- Tweed provides self-custodial key management, a fully functional white-label wallet, and onramp + offramp connectivity to platforms
- Comes out of stealth to announce it has raised a $4m seed funding round led by Accel
- Communitas Capital Partners and Zero Knowledge Ventures also participated in the round alongside angel investors
- Web3 has the power to transform payments, combining the potential for new and innovative financial systems
- As blockchain applications are still evolving, web2 companies are dipping their toes in the web3 space
- The majority of Fortune 500 executives see a vast opportunity in the web3 space and are currently looking to enter it in some way