Web3 Operating System Developer Fountain Secures $3.5M in Seed Funding
CryptoNewsTerminal Staff10 Sep, 2024
Web3 Operating System Developer Fountain Secures $3.5M in Seed Funding
Web3 operating system developer Fountain has raised $3.5 million in a seed funding round led by Foundation Capital. Other investors participating in the round include Druid Ventures, UOB, NGC Ventures, Marin Ventures, and Blockchain Founders Fund. Fountain is developing a smart contract-based multisig platform that will provide an easy and secure way for users to manage their digital assets. The company's platform will allow users to create and manage multi-signature wallets, making it easier to secure and control their assets. Fountain's platform is still in development, but the company has already attracted a number of high-profile customers, including Binance and Coinbase. The company's seed funding will be used to accelerate the development of its platform and expand its team.
