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Blockchain tech startup ASQI raises $1 million in pre-series A funding
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With the aim of bringing to the fore, the multifarious non-crypto currency aspects of blockchain technology into mainstream finance, fintech company ASQI has raised $1 million in pre-series A funding.
The round was led by Founders Room Capital, a leading early-stage investor headed by Uday Sodhi (Senior Partner, Kurate Digital; ex-Head Sony Liv), Manish Agarwal (CEO, Nazara Technologies) and Jasmeet Singh Gandhi (Head Global Business Development, Clevertap), among others.
Founded in July 2019, the company is pioneering the building of a public blockchain, namely Newrl, which is a platform for asset tokenisation and lending fuelled by smart contracts.
Commenting on the development, Swapnil Pawar, Founder, ASQI said, “The funding will help us
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