TipLink Raises $6M in Seed Funding

TipLink, a New York-based platform to send and receive digital assets, raised $6M in Seed funding.

The round was led by Multicoin Capital and Sequoia Capital with participation from Asymmetric, Big Brain Ventures, Circle Ventures, Karatage, Monke Ventures, Paxos, Solana Ventures, Vinny Lingham, Liu Jang and Sarah Guo.

The company intends to use the funds to further build out link wallet functionality, improve the API, and expand engineering and business development to support a pipeline of partnerships.

Led by Ian Krotinsky, founder and CEO, TipLink provides a platform to send and receive digital assets. Using it, anyone can deposit and send any form of digital asset—such as NFTs, stablecoins, Solana—to another person whether or not they already have a crypto wallet, which is not currently possible. TipLink can also be used as a light, non-custodial wallet that live in the browser.

The company also is launching its API to help developers and companies generate and deposit any number of assets into any number of TipLinks. These TipLinks can then be embedded and shared in emails, text, messaging apps and QR codes, or any other means of digital communication. They are entirely channel agnostic, which makes them extremely versatile across the internet.

FinSMEs

22/02/2023