Singapore, Singapore, Aug. 27, 2024 (GLOBE NEWSWIRE) — V3V Ventures (V3V.com), a Singapore-based venture capital firm, announced significant investments in the seed funding round of two cutting-edge companies: U2U Network, a blockchain infrastructure platform, and CrossCurve by EYWA, a decentralized finance (DeFi) protocol. These strategic investments aim to support both companies in their missions to disrupt their respective industries through cutting-edge technology.
V3V Companies
Serge Przhevalsky, Partner at V3V Ventures, commented: “These new investments continue to advance our fund. We see great potential in U2U and CrossCurve and are committed to helping them promote our projects through our network and the advertising resources we have developed on major platforms over the past year. By the end of the year, we plan to increase the pace and verify the size of our investments as more high-potential projects decide to partner with us.”
Investment in the U2U network
U2U Network is at the forefront of integrating blockchain technology with scalable infrastructure solutions. The platform uses the Helios consensus algorithm, enabling the U2U Chain to handle up to 72,000 transactions per second with low latency and high throughput. U2U Network’s EVM compatibility enables seamless integration of dApps, while its Subnet technology offers decentralized services for IoT, decentralized identity (DID), and micropayments. This investment will further U2U Network’s efforts to provide secure, scalable, and efficient blockchain solutions for real-world applications.
Investment in CrossCurve
CrossCurve by EYWA is a DeFi protocol designed to offer innovative financial services including decentralized exchanges, lending, and staking. The platform focuses on providing high liquidity and secure transactions, allowing users to efficiently manage their digital assets. With this investment, CrossCurve aims to expand its range of DeFi services, improve user experience, and broaden its market reach.
About V3V Ventures
V3V Ventures is a Singapore-based venture capital firm dedicated to investing in innovative companies with the potential to transform industries. With a strong focus on Web3 and crypto projects, V3V Ventures also backs other disruptive business models. The firm helps entrepreneurs and startups realize their growth ambitions through investment and strategic advice.
