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Kraken News: Reown Gains $13 Million Backing From Shopify And Kraken

January 16, 2025

Kraken Unicorn News - January 15, 2025

Reown, a leader in crypto user interfaces, has secured a $13 million investment from Shopify and Kraken. This funding underscores Reown's potential to transform the crypto technology market by enabling developers to integrate over 600 self-custody wallets into their software, enhancing transaction flexibility and security.

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( 00:00:27 ) Reown Secures $13 Million Investment from Shopify and Kraken

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Reown, a blockchain-based resale platform, has secured $13 million in funding, with significant backing from Shopify and Kraken. The investment underscores growing interest in leveraging blockchain technology to enhance transparency and efficiency in the resale market. Kraken's involvement aligns with its commitment to expanding blockchain use cases, complementing its upcoming "Ink" platform launch aimed at decentralized applications and the Ethereum ecosystem. Shopify’s participation highlights the retail giant’s push to innovate through blockchain solutions, emphasizing sustainability and circular economy principles.

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Linqto leverages advanced artificial intelligence (AI) technologies to generate Unicorn News to summarize updates about private companies. The news summaries and audio are both AI generated, based on the source(s) listed.