Bastion, a New York-based enterprise-focused web3 orchestrator, raised $25M in Seed funding.
The round was led by a16z crypto, with participation from Autograph, Laser Digital Ventures, Not Boring Capital, Robot Ventures, Alchemy Ventures, and Aptos Ventures.
The company intends to use the funds to scale its operations, recruit engineering talent, and secure additional licensing to further diversify its product offerings.
Co-founded by Riyaz Faizullabhoy and Nassim Eddequiouaq, Bastion is an enterprise-focused web3 orchestrator that empowers businesses to build web3 solutions.Bastion’s solution is secure, and compliant infrastructure, combining the best of web2 and web3 so companies can create ways for people to pay, play, connect, and shop, all while simultaneously offering insights through proprietary data analytics.
The Bastion product suite is supported by three key pillars that underlie its proprietary web3 infrastructure services – ownership & monetization of digital goods, smart transaction routing, and customer analytics.
FinSMEs
18/09/2023