Crypto wallet company El Dorado completes $3 million seed round of financing, led by Multicoin Capital and others

Colombian crypto wallet company El Dorado announced the completion of a $3 million seed round of financing, led by Multicoin Capital and Coinbase Ventures. Prior to completing this round of financing, El Dorado joined the Skydeck acceleration program at the University of California, Berkeley. It is reported that El Dorado operates a peer-to-peer cryptocurrency wallet that allows users to make cross-border payments and earn extra income through stablecoin transactions. This round of financing will be used to expand the user base and improve security features to meet compliance requirements. (Latamlist)