VC Fund Investments
Crypto investing platform Mudrex raises $2.5 M led by Nexus Ventures, Village Global, others
Bengaluru- and San Francisco-based crypto asset management platform Mudrex has raised USD 2.5 million in a seed round led by Nexus Venture Partners, with participation from Village Global, Kunal Shah, Anand Chandrashekharan and Anjali Bansal. The funds will help Mudrex in scaling up the team and operations, acquiring global regulatory compliances, and creating innovative products. The Mudrex platform aims to simplify crypto investing by providing innovative investment products modeled along the lines of mutual funds and ETFs for long-term wealth creation. The company had earlier raised USD 750,000 from Y Combinator, Better Capital, Woodstock Fund, and angels like Nitin Sharma and Anupam Mittal.
Want to receive such news items in your inbox? Click Here to sign up for a trial.
