Cryption Network’s Private Round Secures $1.1 Million

The platform that aims to simplify the transition of fiat to cryptocurrencies, Cryption Network, secures $1.1M funding from its private seed round.

The funding round was led by some top global crypto angels and investors such as Master Ventures, CMS Holdings, GravityXCapital GenBlock, Ascensive Assets, X21 Digital, AU21, WaterDrip, Sandeep Nailwal of Polygon, Humayun Sheikh of Fetch.ai, Pranay Sanghavi of MahaDao.

“We are humbled to have received such unprecedented demand from investors and support for the ecosystem. This round illustrates a high degree of confidence in our project from the crypto community.”—Tejas Chitnis, CEO of Cryption Network

Cryption Network will further expand its goal of promoting crypto adoption by onboarding regular retail investors. The project works on Polygon’s Level 2 Scaling Solution and helps users swap, invest, farm and predict without facing network congestion or high network fees.

About Cryption
Cryption Network aims to simplify the transition from fiat currencies to cryptocurrencies for retail investors using its set of user-friendly products. The company offers a low-fee DEX, a market maker capable of creating a market for any event, and a hands=on service to assist DeFi projects. $CNT is the native token of Cryption, which acts as the backbone for every transaction as a part of every transaction fee is used to buy back the token.

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