Moralis, a platform that powers decentralized applications, or dApps, announced Thursday that it has received a $13.4 million investment from EQT ventures.
The company said that it expects to use this seed capital for product development and corporate expansion. Moralis seeks to provide the blockchain space with a unique user-friendly interface solely for front-end development, while the company and its developers handle the entire back-end. The software can also provide complex services such as node management, authentication, and transaction indexing — which are needed for cross-chain networks, layer two solutions, and Web 3.0 applications.
Moralis, which has been active since June, was founded in 2020 by CEO Ivan Liljeqvist (also known as
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