GasHawk Secures $1.6 Million Pre-Seed Funding to Expand Services

According to Foresight News, transaction fee service provider GasHawk has successfully raised $1.6 million in a pre-seed funding round. The investment was led by 3SE Holdings, AVID3, Artemis Capital, App Works, RedBread Ventures, Alchemy, and several angel investors. The newly acquired funds will be utilized to further expand GasHawk's transaction layer IP and develop new services centered around the Atomic Unit in the cryptocurrency space. GasHawk's model is designed to predict and execute the lowest base fees within any given time interval. Both retail and institutional users can set time sensitivity for their transactions (TX) and seek the best execution method within that period.