### Openfort, a leading provider of wallet-as-a-service architecture for Web3 gaming, has recently secured $3 million in venture funding to fuel its ambitious plans. The funding round was co-funded by prominent investors including Gumi Cryptos Capital, Maven 11, Game7, NGC Ventures, and Newman Capital.

With this fresh injection of capital, Openfort aims to strengthen its product development efforts and establish collaborations with key players in the Web3 gaming space. The company's primary objective is to deliver a robust and seamless wallet solution tailored specifically for gaming applications. The company seeks to revolutionize the way gamers interact with the blockchain.



One of the core focuses of Openfort's research and development is the creation of a "frictionless" framework for game designers. The innovative approach aims to reduce the frequency with which players need to interact directly with the blockchain, enhancing the overall gaming experience. This envisions a future where gamers can effortlessly immerse themselves in the virtual worlds without being hindered by complex technicalities.



The founders, Joan and Jaume Alavedra, bring a wealth of experience to the table. Their expertise spans various domains such as autonomous driving models, health tech applications, financial market making, and encryption protocols. This diverse background positions the company at the intersection of cutting-edge technologies, enabling them to tackle the challenges of Web3 gaming with a multidisciplinary approach.



As Openfort embarks on this exciting journey, fueled by the recent funding, the company is poised to redefine the landscape of Web3 gaming wallets. The $3 million investment serves as a testament to the industry's recognition and paves the way for a future where gaming and blockchain seamlessly converge.

Openfort, a leading provider of wallet-as-a-service architecture for Web3 gaming, has recently secured $3 million in venture funding to fuel its ambitious plans. The funding round was co-funded by prominent investors including Gumi Cryptos Capital, Maven 11, Game7, NGC Ventures, and Newman Capital.

Thu Jun 15 2023

Openfort's Web3 Gaming Wallet Scores Big With $3 Million Funding Boost

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Thu Jun 15 2023 Openfort's Web3 Gaming Wallet Scores Big With $3 Million Funding Boost

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Prototype Global Cryptoasset Mapping System Developed

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Huobi Rocked by Reports of Executive Arrests and Accusations of Customer Fund Misuse

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Thu Jun 15 2023

Openfort's Web3 Gaming Wallet Scores Big With $3 Million Funding Boost