Wintermute is the head of the Series B funding exercise in favor of Zerion, which happens to be a decentralized finance-oriented platform, and the total amount offered is to the tune of $12 million. The other investors who also have a fair stake are Placeholder, Alchemy, Coinbase Ventures, and last but not least, Mosaic. The prime intention and aim of Zerion are to effectively and thoroughly stir up the crypto wallet scenario as it stands at present, with the round of funding that it has duly received.
To adequately understand the scenario as it stands presently and the many changes that will take place, it becomes imperative to delve a bit more into the basic functionalities at the office of Zerion, along with what it entails. Zerion, a decentralized and finance-oriented platform, assists all users in ways and means of connecting properly with decentralized and finance-based protocols. However, this feature allows all users to control their assets smoothly.
The company Zerion founded in 2019, allows users to freely access and manage all their assets throughout the decentralized finance platforms. The users have the freedom to use a wide number of crypto wallets. The non-custodial feature acts like a unique selling point that allows all the users to be the prime controller of their funds.
The new additional funds from Series B will be used for the company’s betterment. The features like advanced data and interesting, intuitive structures and designs are the new additions. However, in the previous year, Zerion raised $8.2 million in a Series A, which was an attempt to restructure and develop the wallet products of Web3 into a new primary interface.