According to Odaily, DePIN platform XMAQUINA, which is based on token automatic robots, has announced the completion of its pre-seed funding round. The specific amount and valuation data have not been disclosed. The funding round saw participation from EoT Ventures and Moonrock Capital.
XMAQUINA primarily assists businesses in tokenizing real-world assets, transforming intelligent machines into public investment opportunities. This innovative approach allows companies to leverage the power of blockchain technology to create new investment opportunities, thereby democratizing access to capital and fostering economic growth.
The completion of the pre-seed funding round marks a significant milestone for XMAQUINA, demonstrating investor confidence in the platform's potential to revolutionize the way businesses manage and monetize their assets. However, the undisclosed amount of the funding indicates that the company is still in its early stages of development, with much work ahead before it can fully realize its vision.
Despite the lack of specific financial details, the involvement of EoT Ventures and Moonrock Capital in the funding round suggests that XMAQUINA has garnered significant interest from the investment community. Both firms have a track record of backing promising startups in the tech sector, indicating that they see potential in XMAQUINA's unique approach to asset tokenization.