Friday, September 20, 2024
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Tweed: Raises $4 million

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

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