Yesterday Belgian blockchain startup Settlemint announced a €16 million ($16m) Series A funding round led by the UK’s Molten Ventures and Netherlands-based OTB Ventures. Other new backers include Fujitsu Ventures, Allusion and Bloccelerate, alongside existing investor Medici Ventures.
The startup is a low-code middleware company making it easier and faster for corporates to develop blockchain solutions across a variety of blockchain technologies. It has solutions across several industries, including NFTs, banking, supply chain, and energy.
“When we launched SettleMint in 2016, we saw the benefits that companies would gain from integrating blockchain applications into their existing systems but also knew that there was no easy way for developers to achieve this,” said Matthew Van Niekerk, SettleMint Co-Founder and CEO.
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