Blockchain startup Arcana raises $375K

What's the news?

Arcana Network has raised a seed round of $375K from investors Balaji Srinivasan, former CTO of Coinbase, Sandeep Nailwal and JD Kanani, Founders of Polygon (formerly Matic), Kendrick Nguyen, Founder and CEO of Republic and other top angels in the crypto ecosystem.

More to know

Arcana Network aims to be the developer-friendly decentralised storage option amongst other storage platforms such as IPFS, Filecoin, Storj, Sia, etc., and gives developers the capability to build more secure and privacy-preserving applications from the ground up.Arcana is working with developers across sectors from DeFi, NFT platforms, Social Networks, and Wallets, to traditional web 2.0 products in fintech, healthcare, and enterprise SaaS, to bring privacy and security to their data.

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