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nealthy, UAE’s Web3 startup, raises $1.3m in a pre-seed funding round

nealthy, UAE’s Web3 startup, raises $1.3m in a pre-seed funding round

nealthy, a Web3 startup for investing in NFTs and cryptocurrency, raised $1.3 million in pre-seed funding round. The round was backed by Web3 investors, including renowned cryptohead DonGeraldo.

The web3 startup will use these funds to grow a core team, hire talent, and boost sales & development.

Ludwig Schrödl, Zied Said, and Tim Pascual founded nealthy in 2022 after observing a gap in the market for diversified index tokens. nealthy handles transactions via blockchain technology, the decentralized Web3 network behind most cryptocurrencies. The startup plans to release the $NFTS token in summer 2023.

“As NFT trading markets evolve, potential investors are showing increased interest in diversification. That’s even more true for first-time investors. A blue-chip index token, like $NFTS, provides superior investment opportunities at a reduced level of risk. And if we can do it with NFTs, we can do it with every asset on the blockchain,” Ludwig Schroedl, CEO of nealthy, said.

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