Blockchain Fintech Company R Labs Closes $5 Million Pre-seed Round Led by SoftBank and Others

R Labs, a blockchain fintech company, has closed a $5 million pre-seed round led by SoftBank, AGF and Prodege, among others. R Labs, co-founded by Geeta Sankappanavar and Chelsea Cain Maclin, is said to build a social impact ecosystem in Web3 with advisors from Web3 organizations and projects such as Azuki, Decentraland, Warner Music Group (WMG), Creative Artists Agency (CAA), and others. projects. The company will launch an NFT program this summer, designed around five core areas: mental health, inclusion, sustainability, education, and entertainment.