- Web3 Startup provides users with access to a wide variety of investment opportunities.
- nealthy says it will use the funds to expand its NFT and crypto investment space.
- Niecy is incorporated in Dubai, an increasingly crypto-friendly jurisdiction.
nealthy, an Ethereum-based Web3 startup offering diversified exposure to NFT and cryptocurrency investments, has secured $1.3 million in a pre-seed funding round backed by some of the top investors across the investment space.
The funding round closed in November 2022, the startup said in a press release sent to CoinJournal on Tuesday. According to the announcement, prominent Web3 investors who backed it include prominent cryptocurrency investor “Don Geraldo”.
The Dubai-based platform says it will use capital injections to grow its team, hire new talent and seek out more hires.
Niecy Eyes grows further with Web3 investment
Interest in Web3 continues to grow and nealthy seeks to capitalize on this ecosystem by removing barriers to the market. Startups achieve this through index tokens, investment assets that replicate traditional exchange-traded funds (ETFs).
Investors can leverage index tokens to easily and quickly invest across the Web3 space. This is because the product enables on-chain storage of digital assets, seamlessly diversifying the portfolio in the event of sudden market shifts.
An example of an index token is nealthy’s $NFTS. This, like any other offering, has a value that is almost 1:1 locked into a specific good NFT.
Ludwig Schroedl, CEO of nealthy, said in a statement that the massive growth seen in the NFT trading market, in particular, has increased interest in diversification within the crypto sector.
““Especially for first-time investors,” he said, adding, “A good index token like $NFTS can offer great investment opportunities with a low level of risk. If you can, you can do it with every asset on the blockchain.”
What startups are aiming for expansion We expanded our reach by releasing multiple products prior to the alpha launch.