nealthy, a Dubai, UAE-based Web3 startup for investing in NFTs and cryptocurrency, raised $1.3m in pre-seed funding.
Closed last November, the round was backed by experienced Web3 investors, including renowned crypto celebrity ‘DonGeraldo.’
The company will use the funds to grow its core team, hire talent and boost sales and development.
Co-founded by Ludwig Schrödl (CEO), Zied Said, known as Zedsi (CTO), and Tim Pascual (CMO), nealthy offers index tokens that enable investors to enter Web3 markets. Index tokens replicate the structure of classic exchange-traded funds (ETFs) by storing multiple digital assets onchain, diversifying the portfolio in case of unexpected market shifts. Index tokens like nealthy’s $NFTS retain real underlying value, with $NFTS being pegged near 1:1 with vaulted blue-chip NFTs.
nealthy handles transactions via the Ethereum Net blockchain, which enables nealthy to openly display proof of reserve, confirming the presence of blue-chip NFTs in its digital vault.
Multiple product releases are coming soon.
FinSMEs
07/03/2023