Transmira Receives $4 mn Investment From nChain
Transmira, a metaverse platform based in Raleigh, North Carolina, has received $4 million in funding.
nChain, a provider of Web3 and Blockchain technologies, will invest 20% of its profits in the company.
Transmira will enable brands to monetize virtual goods through virtual marketplaces, increasing user engagement and brand loyalty. Users and brands can transact and exchange value in a secure, trusted, and authenticated manner thanks to the foundational blockchain technology.
The partnership will boost the company’s market valuation for future investment rounds by leveraging nChain’s Web3 and Blockchain IP portfolio. nChain will also provide professional sales and marketing services to Transmira, leveraging their expertise in Go-To-Market strategies to drive platform adoption.
(With inputs from Shikha Singh)
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