Fintech Startup Zerion Raises $12.3M from Wintermute Ventures and Others

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The team behind investment app Zerion has recently raised $12.3 million in a Series B funding round led by Wintermute Ventures, which is the venture arm of the market maker of the same name.

Other participants in the funding round include Placeholder, Mosaic, Polymorphic Capital, Coinbase Ventures, 1inch Network founders Sergey Kunz and Anton Bukov, Alchemy Ventures and others also took part in the round.

The company has said it will use the funds to further develop the product.

Evgeny Gaevoy, founder of Wintermute, has commented on the fundraising:

“In Zerion, we see a new generation of Web3 applications. The next frontier of the blockchain is the user layer, and Zerion’s cross-chain compatible mobile-first wallet allows users to easily participate in this ecosystem.”