According to The Block, Web3 certificate protocol Gateway completed a $4.2 million seed round of financing, led by Reciprocal Ventures, 6th Man Ventures, Spartan Group, Figment, and angel investors including Sandeep Nailwal of Polygon and Ryan Selkis of Messari. The round of financing, which closed in the second quarter of last year, was achieved through an equity plus token warrant arrangement, and the funds will be used to continue developing its protocol and expanding team members. Founded by Rahman and Sanket Jain in 2021, Gateway is used for decentralized certificate issuance and maintenance. Its credentials are stored on Arweave, a blockchain-based data storage protocol. It currently supports credentials on the Ethereum blockchain and plans to Integrate Solana in the near future.