nealthy, a Dubai, UAE-based Web3 project built to help people invest in web3 through indices, raised $1.3m in pre-seed funding.
The backers were not disclosed.
The company intends to use the funds to grow the core team and foster rapid development.
Led by CEO Ludwig Schroedl, CTO Zied Said, and CMO Tim Pascual, nealthy provides index tokens that replicate the structure of classic exchange-traded funds (ETFs) by storing multiple digital assets in on-chain vaults, building a diversified portfolio, and issuing an underlying indicator token. The first token will be called $nNFTS (which retains its real value through a peg to recognized blue-chip NFTs).
Many product releases and updates are expected to come over the next few weeks and months.
FinSMEs
12/07/2023