Odaily Planet Daily News Nestcoin, a Web3 startup based in Nigeria, announced the completion of a new round of financing of US$1.9 million, with participation from Adaverse, Base Ecosystem Fund, Alter World, CMT Digital, Magic Fund, 4DX Ventures and a group of angel investors.
Nestcoin has previously suffered losses due to storing investment funds in FTX. The new funds will be used to build Onboard, a non-custodial cryptocurrency wallet, and expand its newly established cryptocurrency training platform Breach and cryptocurrency gaming association Metaverse Magna (MVM).