• Web3 startup nealthy raises $1.3M in pre-seed funding round
• Funds to be used to boost NFT and crypto investing space
• Investors include web3, celebrity crypto investor ‚DonGeraldo‘
Web3 startup nealthy has secured $1.3 million in a pre-seed funding round backed by several top investors across the investment space. Prominent Web3 investors who backed it include celebrity crypto investor ‚DonGeraldo.‘ The Dubai incorporated platform will use the capital injection to grow its team, hire new talent and seek greater adoption.
nealthy provides diversified exposure to NFTs and cryptocurrency investing via index tokens, which are investment assets that replicate traditional exchange-traded funds (ETFs). Investors can leverage the index tokens to invest across the Web3 space – easily and quickly – as the product allows for on-chain storage of digital assets, with the portfolio seamlessly diversified in the event of sudden market shifts. An example of an index token is nealthy’s $NFTS, which like other offerings, has value that is pegged nearly 1:1 to given blue-chip NFTs.
Ludwig Schroedl, CEO of nealthy noted in a statement that interest in diversification within the crypto sector is rising, especially with the massive growth witnessed in the NFT trading markets. He added that „A blue-chip index token, like $NFTS, can provide superior investment opportunities at a reduced level of risk.“
nealthy is looking to expand its reach with the release of multiple products targeting different asset classes such as decentralized finance (DeFi), nonfungible tokens (NFTs) and cryptocurrencies generally. These products will enable users to create portfolios according to their own risk appetite and goals more easily than ever before.
nealthy’s pre-seed funding round demonstrates just how much potential there is for investors looking for diversification options within both cryptocurrency and nonfungible token markets. With its experienced team and innovative range of products tailored for different investor types, neALTHY looks set to make a big impact on Web 3 investing going forward.