Cross Having $ 23.6 million to continue to extend its solutions that help companies and developers build blockchain applications.
The company’s platform allows users to create blockchain applications with a few lines of code and deploy portfolios, tokenization, payments, identification information and other construction blocks for applications, said CROSMINT in a Tuesday, March 18) press release.
The platform is used by companies and startups listed on the stock market and helped them do things like incorporating stablecoins, launching new financial products, building product passports to prevent counterfeiting and developing a reward program, co-founder of Crossmint Rodri Fernandez said in the press release.
“We see adoption in all the sector,” said Fernandez.
Crossmint also builds a framework for trade focused on the AI agent in which AI agents make purchases on behalf of consumers, according to the press release.
To this end, the company provides portfolios, payments and identification APIs which allow AI agents to hold funds, commercial assets and purchasing goods, according to the press release.
The crossmint financing tour was led by Capital of Ribbitby the press release.
“Crossmint has demonstrated its ability to unlock new sources of income and stimulate the profitability of major brands while creating the financial infrastructure for the next generation of applications supplied by AI”, ” Zack Rosensaid Ribbit Capital’s investor in the press release.
Blockchain technology Develops in traditional industries, public blockchains gaining ground and questioning the domination of private networks while advances strengthen their characteristics of confidentiality and security, according to the Pymnts Intelligence and Solara collaboration, “The advantages of blockchain for regulated industries. “”
The report has revealed that, as companies become familiar with public blockchain technologies and their improved confidentiality and security characteristics, they should increasingly adopt public blockchains.
RakuraiA infrastructure project He was focused on improving Solana Staking, said on March 11 that he had collected $ 3 million in a seed financing cycle to support the launch of his Solana ignition platform. The company declared at the time in a press release that its technology focused on optimizing transactions planning to improve the efficiency of blocking blocks and increase the rewards of the validator.
In February, Increase obtained $ 63 million in a financing cycle to accelerate its efforts to provide gift cards and a chain loyalty program. The company said that it would use the new capital to further develop its Blockchain’s gift card program called smart cards.
