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Gryfyn Raises US$7.5M To Drive Web3 Adoption Through Entertainment Experiences

Gryfyn has completed a fundraise of US$7.5 million from backers that include Liberty City Ventures, GameFi Ventures, Lavender Hill Capital Partners, Mind Fund, Animoca Ventures, LeadBlock Partners, Angel Hub, Brinc, as well as angel investors including Gabby Dizon. Arnoldo Concepción, the co-COO of Animoca Brands, has been announced as the CEO of Gryfyn.

Animoca Brands, the company advancing digital property rights for gaming and the open metaverse, and Hex Trust, an institutional-grade digital asset custodian licensed across financial hubs including Hong Kong, Singapore, Dubai, and Italy, have announced the public launch of Gryfyn – a joint venture to provide an innovative custodial wallet solution focused on onboarding users to Web3.

Gryfyn’s custodial crypto wallet offers users a seamless and secure Web3 experience built on Hex Trust’s licensed and insured institutional-grade infrastructure. The wallet is an NFT-centric multi-chain wallet with bank-grade security that enables users to interact easily and securely across multiple blockchains and Web3 products.

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