Biptap Secures $2 Million Pre-Seed Funding To Expand Beyond Web3

According to Odaily, privacy-focused fintech company Biptap has announced the completion of a $2 million pre-seed funding round. While the names of the investors have not been disclosed, it is known that the round included several Web3 decentralized investment funds, a travel service provider with a network of 2.5 million hotels, a crypto technology company that previously owned a MotoG racing team, and a former founder of a crypto investment fund. Currently, Biptap's operations are primarily within the Web3 sector. The newly acquired funds will be utilized to expand its business beyond the Web3 market, ensuring that users can maintain privacy as a core aspect of their financial transactions.