Cointime

Cointime

Download App
iOS & Android

Vezgo Closes $750K in Oversubscribed Pre-Seed Round To Accelerate Growth and Development of New Features

Cointime Official

Vezgo INC announced today the successful closing of a pre-seed oversubscribed funding round at USD$750,000. Vezgo's mission is helping Web2 fintech bridge the gap into Web3 in a compliant manner. VEZGO INC is an Ontario, Canada based, venture-backed Crypto Data API. Vezgo completed its spin-off from Wealthica and now operates as a wholly independent entity. Vezgo's mission is helping Web 2 fintechs and financial companies, such as taxes, insurance, compliance, audit and assurance, bridge the gap into Web3.

With the closing of the Company's pre-seed round, Vezgo is now focused on building up its Go-to-Market sales team to keep scaling the number of paying customers with the goal to finish the year with over 50 paying customers.

Vezgo is proud to announce venture investments from Bitnomic Capital Inc., Flinks Technologies Inc., M2S Capital Inc., Chouinard Family Office and angel investors and serial entrepreneurs Andrew Izyumov (ex-Goldman Sachs) and Rachid Ajaja.

Vezgo quickly built a Unified Crypto API platform that enables developers to integrate with Web3 data. Using the Vezgo API, fintech app developers can connect with their users' data coming from every part of the crypto ecosystem: Centralized Exchanges, Wallets, NFTs and Blockchains in general.

Vezgo enhances the data with normalized transaction types, fiat exchange rates and multiple data improvements that make the developer's life easier. It bridges the gap between Web2 and Web3 and allows for seamless integration of Web3 data into Web2 use cases.

Comments

All Comments

Recommended for you

  • BTC Surpasses $81,000

    Market data shows that BTC has surpassed $81,000, currently priced at $81,002, with a 24-hour decline of 2.94%. The market is experiencing significant volatility, so please ensure proper risk management.

  • US Spot Bitcoin ETF Sees $261.4 Million Net Outflow Yesterday

    On October 15, according to monitoring data from Farside Investors, the US spot Bitcoin ETF experienced a net outflow of $261.4 million yesterday.

  • Over $476 Million Liquidated in the Last Hour, Primarily Long Positions

    Data shows that in the past hour, a total of $476 million was liquidated across the network, with long positions accounting for $457 million and short positions for $19.7945 million, primarily affecting long positions. Among these, $200 million in ETH and $116 million in BTC were liquidated.

  • ETH Falls Below $2400

    Market data shows that ETH has fallen below $2400, currently priced at $2395.62, with a 24-hour decline of 4.47%. The market is experiencing significant volatility, so please ensure proper risk management.

  • BTC Drops Below $81,000

    Market data shows that BTC has fallen below $81,000, currently priced at $80,989.9, with a 24-hour decline of 2.87%. The market is experiencing significant volatility, so please ensure proper risk management.

  • US Considers Easing Sanctions on Shadow Fleet to Lower Shipping Rates

    On October 15, a US official stated on Wednesday that the Trump administration is considering easing sanctions on vessels known as the 'shadow fleet.' These ships have previously transported oil and petroleum products from countries such as Russia, Iran, and Venezuela. This move aims to reduce the currently historically high global shipping rates. Shortly before this, President Trump had temporarily lifted sanctions on Russian diesel, a decision that drew strong criticism from Ukrainian President Zelensky, several European governments, and some Republican senators. The US official revealed that current discussions focus on whether the US will allow previously sanctioned vessels to transport 'legitimate oil.' Here, 'legitimate oil' refers to crude oil or petroleum products not subject to US sanctions, rather than oil from Russia and Iran that is under sanctions. The official stated that this move aims to facilitate the export of more refined products and crude oil from the Gulf region.

  • Dollar Index Erases All Gains Since CPI Report Release

    On October 15, the Dollar Index (DXY) slowly declined in the Asian session, completely erasing all gains since the release of the U.S. September CPI data yesterday (which had peaked with a cumulative increase of about 70 points), now reported at 102.16. The British Pound against the U.S. Dollar (GBP/USD) and the Euro against the U.S. Dollar (EUR/USD) both rose about 0.3%, currently reported at 1.3231 and 1.1197, respectively. (Jin10)

  • South Korean Stock Index Opens Down Over 5%

    On October 15, the South Korean KOSPI index fell below 6000 points, dropping 5.59% during the day. SK Hynix fell over 7%, while Samsung Electronics dropped over 6%. (Jinshi)

  • Fed's Daly: Rate Hikes May Be Necessary, But Not Urgent

    On October 15, Mary Daly, President of the San Francisco Federal Reserve, stated on Wednesday that the Fed may need to further raise short-term interest rates to curb excessive inflation. However, she also pointed out that there is no need to take such action at the Fed's meeting on October 27-28. "It is very likely that we will need to make further adjustments, but regarding the timing of those adjustments, I think we are still deliberating," Daly said. "I don’t feel there is a need to rush into a decision with limited information. I believe we have enough time."

  • BTC Falls Below $82,000

    Market data shows that BTC has fallen below $82,000, currently priced at $81,984.48, with a 24-hour decline of 2.01%. The market is experiencing significant volatility, so please ensure proper risk management.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company