Home Animoca Brands Invests In UAE Web3 Startup Eesee

Animoca Brands Invests In UAE Web3 Startup Eesee

Share
Share

Animoca Brands Invests In UAE Web3 Startup Eesee

UAE Web3 gamified digital assets startup Eesee has secured an investment from Animoca Brands, aiming to enhance the efficiency and experience of digital asset trading within the Web3 environment. Eesee has over 1.6 million wallets on its testnet and has tripled its user base since 2024.

The partnership will help Eesee become a one-stop liquidity solution for sellers, reaching a wider audience and strengthening its connections within the Web3 ecosystem.

Eesee has raised over $3 million in funding rounds from SevenX Ventures, Maven Capital, and Momentum 6, as well as through high-profile crypto influencers. Eesee aims to provide the features of major auction platforms and NFT marketplaces with a twist, allowing users to place small bids on high-value real-life items and cryptocurrencies.

The platform intends to launch later in 2024 on Blast, a layer 2 mainnet based on Ethereum that recently unlocked $2.3 billion in staked cryptocurrency for the first time.

(With inputs from Shikha Singh)

Share

Latest News

India’s ARC Token Targets Q1 2026 Launch | 3verseTV

India’s ARC Token Targets Q1 2026 Launch To Strengthen Domestic Digital Liquidity

India’s Asset Reserve Certificate (ARC) token, a fully collateralized digital asset developed by Polygon and fintech firm Anq, is expected to launch...

News
Bitcoin spot ETFs saw

Bitcoin Funds Suffer Second-Largest Daily Outflow at $903 Million

When billions exit in days, it’s not routine volatility — it’s a signal that the ETF era is entering its most decisive...

News

Tether Backs Parfin To Push Institutional USDT Adoption Across Latin America

Tether has invested in Parfin, a London- and Rio de Janeiro-based digital asset platform, to push USDT deeper into Latin America’s institutional...

News
Japan’s $2.5T Asset Managers Enter Crypto

Crypto Goes Mainstream? – Japan’s $2.5T Asset Managers Enter Crypto Market

When big money meets blockchain light, Japan’s crypto future shines bright. Japan is entering a new financial era, with six of its...

Latest Blogs

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring Bitcoin in August 2020 as its primary reserve asset, digital...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition because developers work to create speedier transaction systems and user-friendly...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades yet in the ecosystem’s history, with the Fusaka Upgrade scheduled...

AI + Blockchain: How Artificial Intelligence is Transforming Crypto & Web3

What is AI Crypto? AI Crypto consists of blockchain projects and cryptocurrencies and tokens which implement AI technology to boost system performance...

Related Articles

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades...

AI + Blockchain: How Artificial Intelligence is Transforming Crypto & Web3

What is AI Crypto? AI Crypto consists of blockchain projects and cryptocurrencies...