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.
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.