Categories: Market

Blocto crypto wallet receives funding from Mark Cuban

Press release

Taipei, Taiwan Taiwan Blocto, Non-shareable Token (NFT) and Crypto Wallet announced today that Dallas Mavericks owner and serial investor Mark Cuban has invested in Blocto and the company behind the products. Previous Blocto supporters include Animoca Brands, Alemdea Research, 500 Startup, Olive Tree Capital, AppWorks, Animal Ventures, CMS Holdings, and more.

Blocto recently launched its NFT marketplace BloctoBay, on which NBA Top Shot is made available for trade and stored in the Blocto wallet. Blocto users are also growing steadily with a monthly user growth of 70% in the last 10 months in 2021.

“We are excited to have a diverse group of partners who believe in our mission to make blockchain easy for everyone,” said Hsuan Lee, CEO of portto. “Our phenomenal growth in 2021 has shown a growing need for an easy-to-use front-end for everything related to blockchain, and we will use this funding to expand our services and reach more users.”

Blocto is a cross-chain smart contract wallet with a seamless user experience. Users can easily access decentralized applications (DApps), crypto assets and NFTs, regardless of which blockchain they are based on. Developers can integrate with the Blocto SDK service and provide their users with a simple integration experience.

With improved interoperability based on Blocto’s smart contract wallet architecture, Blocto will continue to use its products: BloctoSwap, the first decentralized exchange (DEX) and only on the Flow and BloctoBay blockchains, the native NFT marketplace for improvement existing product offerings.

Hsuan Lee, CEO of portto, said: “It was really a rewarding experience where we helped introduce blockchain, NFT and crypto successfully to so many people who would otherwise be excluded from participation.

Nick Yen

portto

[email protected]

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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