Token management platform, Magna, announced a $15.2 million seed round on Thursday.
Tiger Global, Galaxy Digital, Tusk Venture Partners, and Solana Ventures are all Magna backers.
Check out this 7-page investing memo that landed the project fundingMagna, a token management platform, announced a $15.2 million seed round on Thursday, notching a $70 million valuation.
Backed by industry giants Tiger Global and Tusk Venture Partners, the fresh capital will go towards product development, staff expansion, and forthcoming partnerships.
"We started Magna to solve a problem we hear from crypto companies and institutions about managing token distributions.