Venly Raises €21 Million in Series A Funding

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Venly, a Belgium-based Blockchain solution provider, today announced that the company had secured €21 Million in Series A Funding. 

Venly is a blockchain wallet that provides lasting solutions for decentralized economies and game publishers. 

Courtside Ventures led the Funding, and the best of the best companies participated in raising the funding for developing new Web3 products. 

Who Else Participated?

These companies participated in funding the Series A round for Venly.

  • Fortino
  • Leadblock Partners, 
  • Powerhouse and Alpaca VC
  • Plug and Play
  • High-Tech Gründerfonds
  • Coinbase Ventures,
  • Transcend Fund
  • Tioga Capital,
  • Imec Istart

Venly

Thanks to Venly and its seamless Web3 solutions, Web2 businesses can now leverage Venly’s Web3 technology. By doing so, they won’t have to worry about sacrificing the security of the system and the user experience.

The Series A Funding and Venly’s Future

Venly focuses on providing every game publisher with a no-coding solution so that every game studio and publisher can benefit from its integration.

Now that Venly has secured Series A funding, it will shift its focus on eCommerce. Recently, Venly launched a powerful Shopify integration that indicates that it’s not new to the game. 

See Also: NFTs Buy & Sell on Shopify using Venly.

Web3 Startups and game studios will have other means to benefit from Venly. As Venly plans to launch an Accelerator Track, game studios and startups will now get funding and guidance from the accelerator team. On top of that, Venly will provide licenses at discounted rates. 

Venly will also focus on growing and making its Marketplace a better experience for its users. 

The $VENS Token

Venly plans to launch its internal token that will be used for engaging the users in the ecosystem. 

“The problem today is that most developers and end-users have difficulty interacting with Web3 technology. It needs to be more aligned with Web2 usability, which is exactly what the Venly platform provides. Our APIs and services allow a Web2 company to integrate with Web3 seamlessly. Moreover, we want to focus on our marketplace for the mainstream users. The Venly NFT marketplace is easier to use than any other platform out there.”

CEO Venly, Tim Dierckxsens

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