• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Biconomy Altcoin Secures Investment From Various Investors

user avatar

by Giorgi Kostiuk

2 years ago


Biconomy (BICO) altcoin, a major Account Abstraction provider in the web3 industry, has obtained strategic funding from prominent web3 venture capitalists, as revealed in an announcement.

Participating in the funding round were Jump Capital, Borderless Capital, Consensys Ventures, Taisu Ventures, Manifold Trading, Side Door Ventures, and Blockchain Founders Fund.

Additionally, key angel investors included Balaji Srinivasan and Jordi Alexander. Aniket Jindal, co-founder of Biconomy, expressed confidence in the vision to empower web3 developers and appreciated the support from investors.

The altcoin describes itself as decentralized, providing plug-and-play APIs to facilitate transactions between blockchain networks, aiming to simplify dapp development.

BICO Price Increase

(This is not investment advice.)

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

BlackRock's BUIDL Fund Reaches $500 Million, Signifying Growth in Tokenized Treasuries

chest

BlackRock's BUIDL fund has surpassed the $500 million liquidity cap, highlighting the growing institutional interest in tokenized treasury products.

user avatarMohamed Farouk

Robinhood's Strategic Acquisition of Bitstamp

chest

Robinhood plans to acquire Bitstamp to enhance its regulatory compliance and institutional credibility in the crypto market.

user avatarElias Mukuru

Swift and Chainlink Trials Show Progress in Tokenized Asset Integration

chest

The trials conducted by Swift and Chainlink are crucial for understanding how tokenized assets can integrate into existing financial systems.

user avatarDiego Alvarez

SEC Strengthens Regulatory Capacity with New Chicago Appointments

chest

The SEC has announced key personnel appointments in its Chicago Regional Office to enhance regulatory capacity and oversight in investigations and compliance, particularly regarding digital assets.

user avatarKenji Takahashi

Uniswap Faces Feeswitch Debate Amidst Governance Challenges

chest

Uniswap faces a feeswitch debate that highlights the tension between product success and token value in DeFi, as governance decides on value capture in essential infrastructure.

user avatarMaria Fernandez

Political Discussions Surrounding Bitcoin Reserve Heat Up

chest

The conversation around a potential Bitcoin reserve in the U.S. is gaining traction, especially in the context of political discussions and market speculation.

user avatarGustavo Mendoza

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.