Quick take:
- Some of the supported crypto wallets include MetaMask, Coinbase Wallet, Zerion and OKX Wallet.
- The company claims to facilitate 6 million monthly active addresses receiving transactions and now plans to scale the number to tens of millions.
- Daylight also wants to expand its team of backend engineers and add more moderators to review transaction submissions.
Daylight, an integrated on-chain API supporting multiple wallets for transaction processing has raised $6 million in a seed round co-led by Union Square Ventures and 1kx with participation from Framework Ventures and Chapter One.
The fundraising was structured as equity with token warrants and also attracted participation from Zerion co-founders Evgeny Yurtaev and Vadim Koleoshkin alongside Ido Ben-Natan and Raz Niv from Blockaid and Yup’s Nir Kabessa, The Block reported. As part of the deal Union Star Ventures joined Daylight’s board.
The fundraising brings the total raised to $9 million, following a $3 million pre-seed round announced in November 2022.
Daylight’s platform allows users to participate in various on-chain activities including airdrop claims, NFT mints, gaming quests and more. The platform already supports multiple wallets including MetaMask, Coinbase Wallet, Zerion and OKX Wallet.
The company plans to use the fresh capital to scale its current monthly active addresses that receive transactions from 6 million to tens of millions. The platform plans to add more transaction categories expanding users’ options for on-chain activities they can participate in beyond mints, quests and claims.
“We will be adding one big new category in Q4, to be announced soon,” Kyle McCollom told The Block.
The company also plans to expand its team of back-end engineers and add more moderators for reviewing transaction submissions and other related activities down the line.
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