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Crypto Superapp Developer Utorg Seals $5 Million

Tallinn-headquartered Utorg has raised $5 million in seed funds to grow headcount and IP for its fiat currency-to-crypto "super app", ahead of the official launch in the next couple of weeks.

The round is being led by digital assets VC Dragonfly alongside Kyiv/Frankfurt/US investor TA Ventures and Web3 VC fund Hypra.

(By Callum Cyrus)

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