According to Foresight News, Indian publication The Economic Times reports that the crypto social networking platform 0xPPL has completed a new round of financing. The funding round saw participation from AllianceDAO, Anagram, Peak XV Partners, angel investor Balaji Srinivasan, Solana Labs co-founders Anatoly Yakovenko and Raj Gokal, and Polygon co-founder Sandeep Nailwal. Specific details regarding the amount raised and the valuation have not been disclosed. The newly acquired funds will be utilized to enhance 0xPPL's product offerings and expand its team.

Founded in August 2022, 0xPPL aims to connect individuals with a shared interest in cryptocurrencies. The platform allows users to track the crypto assets and NFTs traded by the people they follow within its ecosystem. Additionally, 0xPPL enables users to monitor their investment portfolios across multiple chains in one place.