Dapp.com Closes $1 Million Investment Round Led by Hashed

William Foxley
Sep 6, 2019 at 22:00 UTC
news

This past Thursday, dapp.com closed a $1 million Pre-A Investment round led by Hashed, a South Korean blockchain VC firm, and Du Capital.

Dapp.com provides data analytics for decentralized app products built on blockchains such as ethereum, EOS, tron, steem, and others.

In a statement, Dapp.com Founder and CEO, Kyle Lu said the funds will be directed toward opening new markets.

“These funds will be used to help Dapp.com boost our user base and revenue by expanding to new markets (especially Korea), as well as to drive growth through opportunities unlocked by the new resources injection.”

Founded in 2017, Hashed is one of the largest cryptocurrency investment firms in South Korea. Its prior investments include Handshake, QuarkChain, and Oasis Labs.

Competitor dapp data analysis platform DappRader also closed a funding round this week, led by Naspers and Blockchain.com Ventures.

Decentralized app image via CoinDesk archives

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