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Fintech startup Zerion raises $8.2 million from Mosaic Ventures, DCG and Lightspeed

Fintech startup Zerion raises $8.2 million from Mosaic Ventures, DCG and Lightspeed

The Zerion investment app has closed its Series A round of funding worth $8.2 million, ForkLog said in a press release.

The round was led by European venture fund Mosaic Ventures, with participation from Placeholder, DCG, Lightspeed, Blockchain.com Ventures and other investors.

The proceeds will be deployed to expand the team, accelerate product development, and roll out new features for users.

According to the startup, more than 200,000 people worldwide use its services, and since the beginning of 2021 they have conducted transactions totaling more than $600 million.

«We believe Zerion will become the leading interface for the financial products of the future: DeFi is creating a completely new alternative financial ecosystem, and Zerion enables millions of users to interact with it easily and transparently,» said Toby Koppel, co-founder and partner at Mosaic Ventures.

Founded in 2016, Zerion previously completed a seed round for its namesake investment app in 2019. The startup provides access to any DeFi assets for a global audience.

Earlier, the Nansen raised $12 million from venture firm Andreessen Horowitz and other investors.

In July, NFT-marketplace Mintable closed a Series A round of $13 million.

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