Blockchain Technology Powers Myco's Series A Funding Success in the UAE

Monday, 26 August 2024, 17:00

Blockchain innovations have propelled Myco, a UAE-based startup, to secure $10 million in its Series A funding round. This investment will significantly boost Myco's expansion plans and enhance its Web3 streaming platform. With intentions to migrate its wallet to the Aptos Blockchain, Myco is set to transform the future of streaming.
Gulfbusiness
Blockchain Technology Powers Myco's Series A Funding Success in the UAE

Myco Secures $10 Million in Series A Funding

In a significant leap, Myco, the innovative UAE-based Web3 streaming platform, has secured $10 million in its Series A funding round. This injection of capital is poised to drive substantial expansion initiatives.

Blockchain Migration Plans

Myco plans to relaunch its native utility token on the Aptos Blockchain in Q4 2024. This move aligns with the startup's strategy to leverage blockchain technology and enhance its wallet offerings, positioning Myco at the forefront of the streaming revolution.

About Myco

  • Founded in the UAE
  • Pioneering Web3 streaming solutions
  • Focused on expanding blockchain utility

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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