According to BlockBeats, luxury watch trading platform Watches.io has announced the completion of a $1.9 million pre-seed funding round. The round was led by Lemniscap, with participation from Builder Capital, Soft Holdings, Darkside Capital, Big Brain Holdings, Marin Ventures, and several angel investors.
Watches.io reportedly utilizes encryption technology to provide Web3 users with a seamless experience for purchasing, trading, and investing in watches.