V3V Ventures has made headlines with its seed round investments in two burgeoning companies, U2U Network and CrossCurve by EYWA.
Both startups are poised to make significant impacts within their respective sectors of blockchain infrastructure and decentralized finance (DeFi).
The recent funding round saw significant capital inflows, though the exact amount remains undisclosed. These investments underscore V3V Ventures’ commitment to nurturing innovative solutions in the blockchain and DeFi arenas. The firm leverages its extensive network and advertising prowess to support its portfolio companies, hinting at an aggressive investment strategy in the near future.
U2U Network is carving out a niche in blockchain technology by offering scalable infrastructure solutions that can handle up to 72,000 transactions per second, thanks to its Helios consensus algorithm. Its platform is EVM compatible, facilitating easy integration of decentralized applications (dApps). Moreover, U2U’s Subnet technology is pioneering decentralized services across various domains, including IoT and micro-payments, setting the stage for expansive real-world applications.
Similarly, CrossCurve by EYWA is making strides in the DeFi sector. This protocol provides a range of financial services from decentralized exchanges to lending and staking, focusing on security and liquidity to enhance user experiences and expand market reach. This investment is a strategic move to broaden CrossCurve’s service offerings and cement its position in the DeFi landscape.
V3V Ventures partner Serge Przhevalsky shared his enthusiasm for the new partnerships, stating, “These new investments continue to drive our fund forward. We see great potential in U2U and CrossCurve and are committed to helping them with promotion through our network and advertising resources that we have built on major platforms over the past year. By the end of this year, we plan to increase the pace and check the size of our investments as more high-potential projects decide to partner with us.”
Previously, both U2U Network and CrossCurve have benefited from earlier funding phases, which have set a solid foundation for their current and future initiatives.
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