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NFT Fraud Detection Startup Yakoa Raises $4.8 Million

Yakoa, a California-based NFT fraud detection startup, has raised $4.8 million in a seed funding round. 

Brevan Howard Digital, Volt Capital and Collab+Currency co-led the round, with Uniswap Labs Ventures, Alliance DAO, Orange DAO, Time Zero Capital, Sunset Ventures and others participating.

Yakoa is not the only NFT fraud fighter in the industry. Optic and Doppel are two of its closest competitors, who both recently raised funds — $11 million and $5 million, respectively.  

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