Know about rainbow Ethereum wallet: $18 million funding, features, and more - BitcoinEthereumNews.com
Reddit Co-Founder Alexis Ohanians investment firm Seven Seven Six led the $18 million Series A funding round. Rainbow allows users to conect with decentralized applications on the Ethereum blockchain. Rainbow, a cryptocurrency startup developing a mobile wallet software that allows users to conect with decentralized applications on the Ethereum blockchain, Reddit Co-Founder Alexis Ohanians investment firm Seven Seven Six led the $18 million Series A funding round. Thirty-Five Ventures, founded by Kevin Durant and Rich Kleiman; Bloom Investment Holdings, formed by Vine founder Dom Hofman; Nikita Bier; Hyperguap; Uncommon Projects Capital; and Y Combinator were among the rounds other investors. Why rainbow is best? - विज्ञापन - Users may buy crypto with fiat, conect to decentralized applications (dApps), and invest in tokens, just like they can with wallets like MetaMask. Rainbow claims that its focus on creating for the user experience is what sets it apart from the competition. This emphasis on design is what encouraged Seven Seven Six‘s Ohanian to make the investment, calling it the “best designed” wallet available. This investment follows the VC firm’s anouncement earlier this month of a $500 million crypto fund. Rainbow intends to use the fresh money to expand its functionality, including the inclusion of a swap aggregator to ensure users