Funding Round and Expansion Plans

Kana Labs, a trailblazer in blockchain infrastructure, has successfully wrapped up a $2 million seed funding round. This financial boost comes from a host of notable investors, including MarbleX (a subsidiary of NetMarble), Nexus One, Klaytn, and Gate.io. Not to mention, they’ve received a grant from Aptos for their groundbreaking smart wallet solutions.

Before this seed round, they managed to attract a wealth of interest through a pre-seed round that was oversubscribed—resulting in a valuation of a cool $21 million! Investors are clearly keen on what Kana Labs brings to the blockchain table.

Tackling Blockchain Challenges

Kana Labs isn’t just raking in funds; they’re addressing some of the pressing problems in the blockchain sector. Their focus is on creating user-friendly interfaces, battling cross-chain liquidity issues, and minimizing the costs that come with cross-chain solutions. With their account abstraction-based smart wallets, Kana Labs is poised to simplify the onboarding process for everyday users.

Innovative Middleware Toolkit

In addition to their smart wallets, Kana Labs is rolling out a