Stock Groups

KYVE raise $2.8M to advance Web 3.0 data storage -Breaking

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KYVE, a data archiving protocol, announced a Series A funding raise of $2.875M by Permanent Ventures and Hypersphere Ventures. This was initiated by two institutional capital firms, Permanent Ventures and Hypersphere Ventures. It included a large collection of cryptocurrency projects as well individual angel investors, including Robin Chan, Volt Capital and Justin Kan.

KYVE has stated its ambition to become the Web 3.0 leader with a strong focus on data collection, digital calculation, and a clear emphasis on the Web.