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      Burnt (XION)'s Logo

      XION - Series A

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      April 1, 2024

      Financing amount

      $25M

      Valuation

      --

      About XION - Series A

      XION has raised $25M  from investors including Animoca Brands, Laser Digital (Nomura), Multicoin, Arrington Capital, Draper Dragon, Sfermion, GoldenTree, and more.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      CorporateHong Kong2014271--
      FundUnknown--19--
      FundUnited States of America2017104hello@multicoin.capital
      FundUnited States of America201783contact@arringtonxrpcapital.com
      FundChina200632info@draperdragon.com
      Fund--201983--
      FundUnited States of America--24info@goldentree.com

      Founders & Team

      Burnt Banksy's Logo

      Burnt Banksy

      Company Profile / Project Introduction

      Burnt integrates & partners with likeminded entities to build the infrastructure, products and tools needed to remove the cultural and functional barriers that hinder crypto from resonating with society at large.

      Burnt is rebranded by Burnt Finance. The new name and visual direction signal their commitment to expanding the impact of Web3 beyond the confines of just DeFi.

      After a year in the making, Burnt team is revealing XION, the first chain purpose-built for consumer adoption. The first of its kind, XION is intended to remove technical crypto barriers for consumers with a toolkit that includes seamless fiat on/off ramps, direct credit card purchases, familiar Web2 logins, safe account abstraction for mobile support, and zero gas fees. At its core, XION provides us the ability to shape the economics of our ecosystem from the ground up; aligning incentives across every level: from infrastructure, to developers, from products to creators and end-users.

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      *Fundraising Announcement: Click here