{"id":185202,"date":"2023-11-01T18:11:49","date_gmt":"2023-11-01T12:41:49","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=185202"},"modified":"2023-11-01T18:11:49","modified_gmt":"2023-11-01T12:41:49","slug":"kana-labs-raises-2-million-in-seed-round-targets-apac-region-for-expansion-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/kana-labs-raises-2-million-in-seed-round-targets-apac-region-for-expansion-crypto-news\/","title":{"rendered":"Kana Labs Raises $2 Million in Seed Round, Targets APAC Region for Expansion – Crypto News"},"content":{"rendered":"
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Kana Labs, a leading developer of blockchain infrastructure and tooling solutions, has recently raised $2 million in a seed round. The round attracted investments from\u00a0MarbleX, a NetMarble subsidiary, Nexus One, Klaytn and Gate.io, among others. In addition, Aptos\u00a0Blockchain has also given the company a grant to support\u00a0its innovative smart wallet solutions.<\/p>\n

In what has been a fruitful period for Kana Labs, the company held a successful pre-seed round that was oversubscribed, with its valuation standing at\u00a0$21 million. From an investor\u2019s perspective, this\u00a0signals a strong business outlook for the company.<\/p>\n

Kana Labs is built on\u00a0Aptos blockchain and is compatible with 16 other blockchains. The company focuses\u00a0on solving major problems in the blockchain industry, including creating intuitive user interfaces, enhancing\u00a0user experience, mitigating cross-chain liquidity fragmentation, and creating efficient solutions for cross-chain interactions. In addition, the company has simplified user onboarding using social login and account abstraction integrated into their\u00a0wallet.<\/p>\n

The company has also created what it calls a \u201cWeb3 Middleware Toolkit,\u201d a solution comprising aggregated bridges and various sources of liquidity from EVM and other blockchains. This is designed to\u00a0make\u00a0it easier for users and decentralised applications (dApps) to join\u00a0the Web3 ecosystem.<\/p>\n

Kana Labs\u2019 priority investment frontiers<\/h2>\n

Kana Labs intends to channel a significant portion of its funds\u00a0into projects\u00a0that will help the company achieve its goal of making DeFi and GameFi more accessible and user-friendly. It has identified the creation of innovative solutions,\u00a0such as\u00a0smart wallets and Web3 middleware toolkits, to put it at the forefront of the industry\u2019s growth.<\/p>\n

In addition, the company plans to grow its user base by positioning itself as an all-inclusive platform for both\u00a0newbies and established entities across several Web3 categories. Kana Labs\u00a0is looking to increase its presence in the international market, particularly in the Asia-Pacific (APAC) region.<\/p>\n

Specifically, the company will focus\u00a0on the East Asian markets of Korea, Japan, Hong Kong, and Taiwan. Kana Labs believes that these markets will help it\u00a0establish greater visibility for its product suite. Also, the region will\u00a0provide the platform to promote\u00a0its innovative\u00a0blockchain solutions and promote mass access to DeFi and\u00a0gaming.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Kana Labs, a leading developer of blockchain infrastructure and tooling solutions, has recently raised $2 million in a seed round. The round attracted investments from\u00a0MarbleX, a NetMarble subsidiary, Nexus One, Klaytn and Gate.io, among others. In addition, Aptos\u00a0Blockchain has also given the company a grant to support\u00a0its innovative smart wallet solutions. In what has been […]<\/p>\n","protected":false},"author":2,"featured_media":185203,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-185202","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/185202","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=185202"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/185202\/revisions"}],"predecessor-version":[{"id":185204,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/185202\/revisions\/185204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/185203"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=185202"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=185202"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=185202"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}