Narval raises $4 million for platform that helps firms organize web3 assets

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Narval raises $4 million for platform that helps firms organize web3 assets
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French startup Narval today announced a $4 million seed round led by BlockTower VC.

The company is building what it describes as a “usage platform for web3 wallets,” helping organizations to manage and make use of everything from crypto to NFTs.

Narval’s team remains small at less than ten people. With the fresh funds, the startup will be hiring engineers and a designer while continuing work on the platform and boosting marketing efforts, Jessner said.In its announcement, Narval pitched its tech — which gives firms a way to control precisely who can access what digital assets — as a solution for some of the challenges faced by the crypto sector at present. As things stand, it said, “organizations can’t securely use their digital assets.

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