Insrt Labs Closes $2.2 Million Pre-Seed Round Led by Hashkey Capital and Infinite Capital

Insrt Labs Closes $2.2 Million Pre-Seed Round Led by Hashkey Capital and Infinite Capital

Insrt Labs, the core contributor of the Insrt Finance protocol, closed a $2.2 million Pre-Seed round led by Hashkey Capital and Infinite Capital, with participation from Sky9 Capital, Polygon's head of DeFi Hamzah Khan, and others. Lauris Zvirbulis, co-founder and CEO of Insrt Labs, said the funding was realized via a simple agreement for future tokens (SAFT).

Insrt Finance went live last December, allowing users to acquire NFT exposure and earn returns. It is built on Ethereum but has plans to support other blockchains in the near future. Zvirbulis said Insrt plans to launch "omnichain ShardVaults with a partner in the space in the coming two months" and looks to also work with Polygon. The Insrt token is expected to launch in the third quarter of this year.

Source

NFT

Fund Raising

Hashkey

Related News
Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint Quantum Cats NFT floor price plunges 54% post-Taproot Wizards mint
Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles Blur’s decline fuels OpenSea’s market share surge amid broader NFT struggles
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Sony’s Soneium debuts its first music NFT collection with crypto record label Sony’s Soneium debuts its first music NFT collection with crypto record label
Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation Arbitrum, Azuki-backed Animecoin unveils tokenomics with over 50% community allocation
Latest News More More
13 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
13 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open