Noble, an asset issuance appchain based in the Cosmos ecosystem, announced its development company NASD Inc. Has raised $3.3 million in a seed funding round led by Polychain Capital, with participation from Borderless Capital, Circle Ventures, Wintermute Ventures, and others.
Noble is an appchain purpose-built for native asset issuance in Cosmos. It is part of the IBC network which gives Cosmos appchains the ability to communicate and exchange assets directly with each other. In September, Circle launched native $USDC in the Cosmos ecosystem through Noble.
Related: Native $USDC Now Available in the Cosmos Ecosystem through Noble
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Cosmos
Fund Raising
Polychain Capital
