Security Token Group, Inc. announced that it has received $3 million in funding from Ava Labs, Inc., Investment Arm, Exodus Movement, Inc., Blue Bay Ventures and other investors
May 17, 2022
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Security Token Group, Inc. announced that it has received $3 million in its Series A round of funding led by Blue Bay Ventures on May 18, 2022. The transaction included participation from Blizzard the Avalanche Fund LP, a fund managed by Ava Labs, Inc., Investment Arm, new investor, Exodus Movement, Inc. and about a dozen individuals from the Miami tech community, including Ted Lucas, Marc Powers and an FIU professor, and Tyler Wagner.
Exodus Movement, Inc. and its wholly owned subsidiaries is a technology company. The Company has developed the Exodus Platform, an unhosted and self-custodial cryptocurrency software wallet for multiple types of digital assets. The Company has created a self-custodial digital asset wallet and partnered with third parties to provide various services that utilize its wallet through its digital asset platform. It provides a range of services from digital asset to digital asset swaps, and the ability to earn rewards on staked crypto assets. The Company operates in the blockchain, and digital asset industry and users of its products range from people completely unfamiliar to quite familiar with this technology. The Exodus Platform can be downloaded from the exodus.io Website, the iOS app store, the Google Play store, and the Chrome Web Store. Its products include Web3 Wallet, Mobile Wallet, Desktop Wallet, Trezor Hardware Wallet, and Exodus Crypto Apps.
Security Token Group, Inc. announced that it has received $3 million in funding from Ava Labs, Inc., Investment Arm, Exodus Movement, Inc., Blue Bay Ventures and other investors