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Serial Entrepreneur and Ex Diplomat Trevor Traina Raises $25 Million for ‘Goof-Proof’ Web3 Superapp Kresus

Serial entrepreneur Trevor Traina has raised $25 million to build Kresus, a web3 superapp for the everyday consumer that promises to be "entirely goof-proof."

The Series A round is led by Liberty City Ventures. Other investors in the round include JetBlue Ventures, Craft Ventures, Franklin Templeton as well as angel investors such as Salesforce founder Marc Benioff and the Winklevoss twins, who founded the crypto exchange Gemini, said the company in an email.

The funds will be used for continuing to build out the app and enable hiring efforts and key partnerships, the company said.

(By Kari McMahon)

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