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TOKHIT - Undisclosed
Overview
Funding Date
February 13, 2023
Financing amount
$100M
Valuation
$155M
Category
Subcategory
About TOKHIT - Undisclosed
TOKHIT, a gamified social media app developed by a Romanian startup, announced on Thursday, February 9, that it secured USD 100 million in funding from an international investment fund for further development. TOKHIT didn't reveal the name of its new investor or the valuation at which the deal was closed. In early 2022, TOKHIT said it was valued at USD 155 million without providing other details.
Founders & Team
Andrei Ureche (Vandy)
Company Profile / Project Introduction
TOKHIT is the app where creators, influencers and crypto enthusiasts share experiences, connect with their followers and where content is rewarded using the Blockchain Technology. Powered by blockchain and NFT technology, TOKHIT promotes itself as the platform where content creators, influencers and NFTs and crypto enthusiasts can monetize their social activity. The product uses its tokenized economy to empower users to monetize their work while providing multiple income streams for the company.