The company, which has dual headquarters in San Francisco and Toronto, plans to use the funding to hire more staff and accelerate the rollout of its platform, which aims to make it easy for software developers to create blockchain-based apps, CEO Kevin Callahan told The Logic in an interview. (The Logic)
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The company, which has dual headquarters in San Francisco and Toronto, plans to use the funding to hire more staff and accelerate the rollout of its platform, which aims to make it easy for software developers to create blockchain-based apps, CEO Kevin Callahan told The Logic in an interview. (The Logic)
Talking point: The funding round at an undisclosed valuation is Uniblock’s first. Participating investors included Cadenza, Blockchain Founders Fund and Vancouver-based AQN Digital. Uniblock raised the money at a tough time for crypto financing. In particular, Web3, a vision for the future of the internet that foresees blockchains underpinning its infrastructure, has fallen out of favour. Callahan said he doesn’t think the entire internet will become decentralized, but still sees a future for blockchain-based applications like social networks and marketplaces, whose developers will need tools like Uniblock. “I’m pretty optimistic for 2024,” he said.
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