TechFlow news — Utorg, a crypto app developer, announced it has raised $5 million in seed funding led by Dragonfly, TA Ventures, and Web3 fund Hypra.
Utorg revealed that it plans to use the new capital to introduce IP licensing, explore additional revenue streams, and expand its fiat-to-crypto exchange services in the coming weeks by launching a super app with feature-loading capabilities. The company also plans to release a crypto application toolkit featuring self-custody and digital wallet functionalities, as well as embedded widgets enabling transfers via third-party apps and websites. Original link
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