According to Odaily Planet Daily, blockchain development project Nycrypto Labs announced the completion of a $800,000 Pre-Seed round of financing, led by DNA Fund, with participation from Transform Ventures and a group of angel investors. The specific valuation data has not yet been disclosed. The new funds will support the launch of Tidus Wallet, a multi-chain wallet that enables cross-chain lending and staking without leaving the application, in order to reduce the risks associated with bridging (the process of transferring assets between different blockchain networks).
