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      Burnt (XION)'s Logo

      XION - Series A

      Panorama Inversor Fundadores & Equipo Profil de l'entreprise / Introduction du projet

      Panorama

      Fecha

      April 1, 2024

      Monto de financiación

      $25M

      Valuación

      --

      Categoría

      Web3 Infrastructure

      Subcategoría

      Layer 1 Studio Tooling

      Acerca de XION - Series A

      Burnt (XION) raised $25.00M in a financing round on Apr 01, 2024. The round was backed by Animoca Brands, Laser Digital, Multicoin Capital and others. In total, there were 8 investors that participated in the round.

      Inversor

      InversoresTipearUbicaciónAño de fundación#Empresas de portafolioDirección de correo electrónicoSociales
      Corporate Hong Kong 2014 322 --
      Fund Unknown -- 29 --
      Fund United States of America 2017 111 [email protected]
      Fund United States of America 2017 95 [email protected]
      Fund China 2006 39 [email protected]
      Fund -- 2019 88 --
      Fund United States of America -- 24 [email protected]
      Corporate -- 2015 18 --

      Fundadores & Equipo

      Burnt Banksy's Logo

      Burnt Banksy

      Profil de l'entreprise / Introduction du projet

      Burnt integrates & partners with likeminded entities to build the infrastructure, products and tools needed to remove the cultural and functional barriers that hinder crypto from resonating with society at large.

      Burnt is rebranded by Burnt Finance. The new name and visual direction signal their commitment to expanding the impact of Web3 beyond the confines of just DeFi.

      After a year in the making, Burnt team is revealing XION, the first chain purpose-built for consumer adoption. The first of its kind, XION is intended to remove technical crypto barriers for consumers with a toolkit that includes seamless fiat on/off ramps, direct credit card purchases, familiar Web2 logins, safe account abstraction for mobile support, and zero gas fees. At its core, XION provides us the ability to shape the economics of our ecosystem from the ground up; aligning incentives across every level: from infrastructure, to developers, from products to creators and end-users.

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