Tria Raises $12 Million to Build Decentralized Banking Infrastructure

by Filippo Romano

3 months ago

Tria, a pioneering fintech startup, has secured a significant investment of $12 million from a consortium of prominent investors. According to analysts cited in the report, the outlook is promising as this funding marks a crucial step in Tria's ambition to revolutionize banking through decentralized technology.

Investment Round Participation

The investment round saw participation from notable firms such as

P2 Ventures
Aptos
Wintermute

alongside backing from members of the UAE royal family. This diverse group of investors highlights the growing interest in decentralized finance and its potential to reshape traditional banking models.

Tria's Vision for Decentralized Banking

Tria aims to leverage this capital to develop a consumer-grade bank that operates on decentralized infrastructure, providing users with enhanced security and transparency. The startup's innovative approach could pave the way for a new era in financial services, making banking more accessible and efficient for consumers worldwide.

In a significant development for the blockchain space, Cardano has launched its Voltaire governance system, distributing 42 million ADA in staking rewards. This initiative contrasts with Tria's recent funding success as both aim to innovate within the financial sector. For more details, see read more.

Rewards

More rewards

Discover enhanced rewards on our social media.

Other news

MegaETH Achieves 47,000 TPS in Testing Ahead of Stress Test

MegaETH has achieved 47,000 TPS in testing as it prepares for a global stress test on January 19, with the mainnet launch on January 22.

Li Weicheng26 minutes ago

MegaETH to Conduct Global Stress Test with User Engagement

MegaETH will conduct a global stress test on January 19, allowing users to engage with Web3 gaming applications while the network is pushed to its limits.

Leo van der Veen26 minutes ago

Sky Protocol's Buyback Program Reduces Circulating Supply

Sky Protocol's recent buyback operation has successfully removed approximately 3157 million SKY tokens from circulation, demonstrating a commitment to the tokenomics model.

Aisha Farooqan hour ago

Sky Protocol Executes $19M SKY Token Buyback

Sky Protocol has executed a substantial buyback of 3157 million SKY tokens, deploying $19 million from its treasury to reinforce token value and align with holder interests.

Tenzin Dorjean hour ago

Coinsph Launches Educational Campaign for Filipinos

Coinsph has launched an educational campaign to help Filipinos reduce remittance costs, focusing on Overseas Filipino Workers, set to begin from late 2025 to mid-2026.