TipLink has raised $6 million

TipLink, a startup building technology that allows users to send crypto and non-fungible tokens (NFT) with a link, has raised $6 million in a seed funding round led by Sequoia Capital and Multicoin Capital. The announcement comes as infrastructure projects have been able to partially stave off the effects of crypto winter on fundraising.

"There's still a tremendous amount of friction in crypto that holds back mainstream adoption. It's unreasonable to ask the general population to set up a 12- or 24-word seed phrase wallet, much less a hardware wallet, just to send a dollar or receive a commemorative NFT,” said TipLink founder and CEO Ian Krotinsky. “TipLink solves one of the biggest problems in crypto: how to send digital assets in a frictionless way."

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