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Web3 Terminal 3 raises 8 million USD, Animoca participates
Hong Kong's Terminal 3 startup successfully raised 8 million USD
On April 30, according to Businesswire, Terminal 3, a Web3 startup in Hong Kong, has completed a seed funding round worth 8 million USD. Led by Illuminate Financial and CMCC Titan Fund, the funding round also saw participation from investors such as Animoca Brands, Progression Fund, IDG Blockchain, Cherubic Ventures, 500 Global, Consensys Mesh, Hard Yaka, and BlackPine.
Decentralized identification technology
Terminal 3 develops decentralized data identification and security protocols. This technology has served over 8 million users. The new funding will be used to launch enterprise-grade solutions by the end of this year. This platform combines blockchain and zero-knowledge proof technology to provide secure data storage solutions for banking, government information, and AI agents.
Investor Insights
Illuminate Financial believes that having a credible digital identity is a crucial infrastructure to promote institutional acceptance of cryptocurrency assets. Investment funds trust that the vision and technology being developed by Terminal 3 will unlock new potential in this field.
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