Private Equity VC Fund Investments
Blockchain tech startup Leap raises $3.2 M from Accel India, others
Source Investor Announcement (opens in a new tab)Press Release (opens in a new tab)
Leap, a non-custodial wallet for the "Terra" blockchain, has raised USD 3.2 million (around INR 24 crore) in a token round led by blockchain-focused investment firm CoinFund and Pantera Capital. The private sale also saw participation from Accel India, Arrington Capital and Terraform Labs. The funds will be used to expand the team, particularly in the areas of engineering and design, in addition to product development.
Founded in November 2021 by Sanjeev Rao, the Leap wallet allows users to store, send, stake, and swap tokens.