TechFlow news — Leap, a startup building a non-custodial crypto wallet for the Terra blockchain, has announced it raised $3.2 million in a private funding round. Investors include CoinFund, Pantera Capital, Arrington Capital, Accel, and Terraform Labs. The funding values Leap at $40 million, though founder Sanjeev Rao declined to comment on the valuation.
According to Rao, Leap is a Chrome extension with over 4,000 downloads. The MetaMask-like crypto wallet enables asset transfers, NFT trading, and access to DeFi applications within the Terra ecosystem. Additionally, Leap’s iOS and Android mobile apps are currently in development.
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