Token Administration Platform Magna Raises $15M Seed Spherical at $70M Valuation

by Jeremy

“At Shima, we have now lots of of portfolio corporations and a number of other have tried to construct token distribution mechanisms in-house to no avail,” stated Yida Gao, Normal Companion at Shima Capital. “These instruments ought to exist as a primitive and require battle-tested sensible contract code, in depth safety audits, and a usable interface to get proper.”



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