Bleap, a blockchain-based bank account service, completed a $2.3 million pre-seed funding round led by Ethereal Ventures, with Maven11, Alliance DAO, Robot Ventures, and Credibly Neutral participating. Built on the Ethereum Layer 2 network Arbitrum, it offers fast, gas-free transactions and replaces seed phrases with cloud storage and social login, utilizing PortalHQ’s multi-party computation (MPC) technology.
Currently tested for some EU users, Bleap is expected to fully launch in Q1 2025, with token issuance planned for 2026.
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<p>The post Bleap Raises $2.3M for Bank Account on Ethereum’s Layer 2 Network first appeared on CoinBuzzFeed.</p>
