Web3 Identity Network Quadrata Raised $7.5M in Seed Round Led by Dragonfly Capital

Web3 identity network Quadrata announced that it has closed a $7.5m seed funding round led by Dragonfly Capital, with participation from GSR Ventures, Orange DAO, Fellows Fund and others. The fund raised will be used to expand Quadrata to more blockchains and grow the team. Quadrata's Quadrata Passport syncs secure identity, compliance and reputation-based data across multiple blockchains, offering users a unique decentralized identity and provides decentralized applications with compliance infrastructure.