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HONG KONG, February 27, 2024 (GLOBE NEWSWIRE) — GDA Capital, a leading provider of digital asset investment and capital markets advisory services, has invested in layer 2 cross-chain protocol Coinweb and entered into a partnership agreement to incorporate the portfolio. I conclude. Number of Web3 projects to build on the platform. These projects in various stages of development include Web3 Gaming, DeFi, and Launchpad, which aims to leverage Coinweb’s recently released breakthrough scalable cross-chain technology.
In addition to project onboarding and investment, GDA Capital will provide comprehensive support to Coinweb, including hosting hackathons, facilitating introductions to the developer network, and granting access to the network of co-investing funds. To do. This allows investment in projects built on the platform, even those that are not directly introduced by GDA Capital.
GDA Capital and Coinweb’s partnership aims to foster innovation, foster collaboration, and accelerate the development and adoption of scalable cross-chain dApps integrated with Coinweb. This collaboration extends to projects built across different blockchains connected to the platform, reflecting a shared commitment to advancing the Web3 ecosystem. Notably, GDA Capital executives have a track record of partnering with and scaling projects such as Tron, Loopring, and Houdini Swap in their early stages.
Toby Gilbert, CEO and co-founder of Coinweb, expressed his enthusiasm about the partnership with GDA Capital, saying: “We are excited to partner with GDA Capital.GDA Capital and its founding partners are among the most established companies in the Web3 space. Their contributions go beyond funding, offering valuable industry expertise and a vast network of contacts. We are excited at the prospect of collaborating with them as we unveil our technology and embark on an ambitious ecosystem development roadmap.”
Joaquim Miro, Partner at GDA Capital, shares his thoughts on Coinweb:After thorough research into Coinweb’s technology, we believe this platform will play a pivotal role in shaping the future Web3 market infrastructure. ”
Michael Gord, Founder and CEO of GDA Capital, also commented:The technology they have already announced shows a level of advancement that sets them apart from other projects in this field. We look forward to helping Coinweb realize its potential throughout 2024 by increasing awareness and driving adoption of our platform.”
About GDA Capital
GDA Capital is a leading global investment firm focused on digital assets and blockchain technology. With a diverse investment portfolio and strong track record of success, GDA Capital provides capital markets advisory services, capital formation, asset management and global go-to-market solutions to clients around the world. The GDA Capital team is comprised of experienced professionals with deep expertise in finance, technology, growth strategies, and blockchain innovation.
About Coinweb
coin web is a platform that allows decentralized applications to run on multiple blockchains simultaneously, leveraging the capabilities of each blockchain. Coinweb Labs aims to foster innovation in the decentralized application space by focusing on custom-built solutions for cross-chain dApps and incubating new projects.
For media inquiries, please contact us below.
anton roos
chief marketing officer
anton@coinweb.io
Source: Coinweb
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