Crypto superapp developer Utorg seals $5 million

12/16 11:55

Tallinn-headquartered Utorg has raised $5 million in seed funds to grow headcount and IP for its fiat currency-to-crypto "super app", ahead of the official launch in the next couple of weeks.The round is being led by digital assets VC Dragonfly alongside Kyiv/Frankfurt/US investor TA Ventures and Web3 VC fund Hypra.Co-founder and CEO Eugene Petrakov says the startup aspires to stay on top of rapidly-evolving Web3 trends.
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