According to Foresight News, Nigeria-based Web3 startup Nestcoin has announced the completion of a $1.9 million funding round. Participants in the round included Adaverse, Base Ecosystem Fund, Alter World, CMT Digital, Magic Fund, 4DX Ventures, and a group of angel investors.
Previously, Nestcoin had suffered losses due to storing investment funds on FTX, but has since gradually recovered. The new funds will be used to build the non-custodial cryptocurrency wallet Onboard, as well as expand its newly established cryptocurrency training platform Breach and cryptocurrency gaming association Metaverse Magna (MVM).
