What is Numio?
Founded in 2020, Numio operates as a noncustodial platform, ensuring users retain full control over their cryptocurrency assets. The platform's zkRollup wallet currently supports 14 different ERC-20 tokens, including Ether, Wrapped Bitcoin, USD Coin, and tokens from the digital identity platform PhoenixDAO, such as PHNX. This focus on user control and a growing token ecosystem positions Numio as a key player in the decentralized finance and digital identity sectors.
How much funding has Numio raised?
Numio has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2021): $1.3M with participation from LD Capital, Youbi Capital, and HashKey Capital
Key Investors in Numio
LD Capital
LD Capital is an investor in the digital asset space. Their participation in Numio's funding round suggests a strategic interest in noncustodial wallet solutions and the broader Web3 ecosystem.
Youbi Capital
Youbi Capital is an investment firm focused on supporting world-class solutions that aim to create a sustainable and inclusive web3 infrastructure. Their investment in Numio aligns with their focus on early-stage projects in the web3 space.
HashKey Capital
HashKey Capital is a global digital asset and blockchain leader that invests in infrastructure, tools, and applications. Their involvement indicates a belief in Numio's foundational technology and its potential to advance the blockchain industry.
What's next for Numio?
With the recent major strategic investment, Numio is poised for accelerated growth and platform expansion. The substantial capital infusion is expected to fuel further development of its zkRollup technology, enhance its token support, and potentially broaden its reach into new markets or user segments. This funding round signals a strong vote of confidence from investors, likely enabling Numio to scale its operations, bolster its security infrastructure, and solidify its competitive position in the rapidly evolving cryptocurrency wallet and DeFi landscape.
See full Numio company page
