The developer company of the decentralized cryptocurrency wallet Odsy has been valued at $250 million.

Just as every online account requires a login, each blockchain requires a separate wallet, and tracking and managing different wallets is a significant problem and headache for users

explains Ken Seiff, General Partner at Blockchange Ventures, whose company invested the most in Odsy during the latest investment round.

In April, Sei Labs, a first-layer blockchain development company, completed another funding round, raising $30 million with a total business valuation of $800 million.

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In January, the blockchain platform QuickNode concluded a $60 million funding round to expand its business. The company stated its intention to attract more Web3 developers and users to the platform.

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