According to Odaily, ZTLment, a decentralized compliance wallet infrastructure based in Copenhagen, Denmark, has announced the completion of a €2.4 million pre-seed funding round. The round saw participation from PreSeed Ventures, Upfin, Giant Ventures, and a group of angel investors.
ZTLment claims to be the first project in Europe to facilitate legal currency transfers on a decentralized track. The project aims to address long-standing challenges faced by ordering and reservation platforms, including the automation of fund flows, enhancing payment transparency, and maintaining regulatory compliance. The innovative solution offered by ZTLment could potentially revolutionize the way transactions are conducted, providing a more secure and transparent platform for users.