• Web3 startup nealthy has raised $1.3M in pre-seed funding from top investors.
• The Dubai based platform offers diversified exposure to NFTs and crypto investing via index tokens.
• The funds will be used to grow the team, hire new talent and seek greater adoption of their products.
Web3 Startup Nealthy Raises $1.3M
Web3 startup nealthy has recently closed a $1.3 million pre-seed funding round backed by several top investors across the investment space, including celebrity crypto investor ‚DonGeraldo‘. The Dubai incorporated platform offers diversified exposure to NFTs and cryptocurrency investing via index tokens, which replicate traditional exchange-traded funds (ETFs).
Funding Used To Grow Team & Adoption
The funds raised will be used to grow the team, hire new talent and seek greater adoption of their products. Ludwig Schroedl, CEO of nealthy noted that interest in diversification within the crypto sector is rising with the massive growth witnessed in the NFT trading markets – particularly for first-time investors. He said an index token like $NFTS can provide superior investment opportunities at a reduced level of risk.
Index Tokens Provide Diversified Exposure
Index tokens allow for on-chain storage of digital assets with portfolios seamlessly diversified in event of sudden market shifts. An example of an index token is nealthy’s $NFTS which has value that is pegged nearly 1:1 to given blue-chip NFTs. This allows users easy access to invest across the Web3 space quickly and easily while mitigating risk associated with large market movements.
Growing Interest In Web3 Ecosystem
Interest in Web 3 continues to gather pace as more people look for ways to remove barriers to entry into the market with cryptocurrencies such as Ethereum becoming increasingly popular worldwide. As a result, companies like nealthy are seeking out additional ways they can tap into this growing ecosystem through expanding their reach with multiple product offerings and launching other initiatives such as community events or educational content pieces about cryptocurrency investing strategies .
Conclusion
Nealthy’s recent success shows that there’s still plenty of interest in Ethereum-based Web 3 startups offering innovative solutions for accessing cryptocurrency investments – something that could potentially have far reaching implications for both traditional finance and algorithmic trading activities around digital assets moving forward.