• Web3 startup nealthy raises $1.3M in pre-seed funding from top industry investors
• The funds will be used to facilitate access to diversified investment opportunities in the NFT and cryptocurrency investing space
• nealthy offers index tokens that replicate traditional ETFs to allow for on-chain storage of digital assets with a seamlessly diversified portfolio
Web3 Startup nealthy Raises Funds
Web3 startup nealthy has raised $1.3 million in a pre-seed funding round backed by several top investors across the investment space. The Dubai incorporated platform says it will use the capital injection to grow its team, hire new talent and seek greater adoption.
Investing Across Web3 Space
Interest in Web3 continues to gather pace and nealthy looks to tap into this ecosystem by removing barriers to the market with its index tokens, which are investment assets that replicate traditional exchange-traded funds (ETFs). Investors can leverage these tokens to invest across the Web3 space – easily and quickly – as they allow for on-chain storage of digital assets, with the portfolio seamlessly diversified in case of sudden market shifts.
Example Of Index Token: $NFTS
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 that interest in diversification within the crypto sector is rising, especially due to massive growth witnessed in the NFT trading markets. He said “A blue-chip index token like $NFTS can provide superior investment opportunities at a reduced level of risk”.
Expansion Of Reach With Release Of Multiple Products
neathy is looking forward to expanding its reach with release of multiple products such as derivatives contracts, staking pools and lending services. Additionally, it also plans on launching more index tokens that track different asset classes including commodities, equities and currencies via decentralized finance (DeFi) protocols.
The current funding round received support from prominent investors such as celebrity crypto investor ‚DonGeraldo.‘ These investments enable platforms such as nealty to further expand their reach allowing them access into new markets while providing users access to diversified exposure and risk management solutions for their investments.