Latest $30M Seed Capital Pushes Web3 Identity Company to Unicorn Status

An online identity startup that uses blockchain tech to verify the online identities of individuals through palm scanning has bagged $30 million in seed capital. The startup, Humanity Protocol, is currently valued at $1 billion.

The seed round was led by Kingsway Capital, an investment-management company based in the United Kingdom. Various Web3 investment companies participated in…

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