Magna has raised $15M in a seed round led by Tiger Global and | DEFI | NFT and blockchain games Investor pools : Investment news

Magna has raised $15M in a seed round led by Tiger Global and Tusk Venture Partners

Magna, a token management platform, has closed a $15M seed round at a $70M valuation led by Tiger Global and Tusk Venture Partners. Other participants in the round included Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche Labs and Galaxy Labs. Magna is building token distribution software that makes it easier for protocols, DAO and crypto funds to send and receive tokens.

coindesk.com/business/2022/09/15/token-management-platform-magna-raises-15m-seed-round-at-70m-valuation