Crypto Startup Multis Closed $7 Million Funding Round Led by Sequoia Capital

TokenInsight news, crypto startup Multis has closed a $7 million round of funding led by Sequoia Capital with participation from Long Journey Ventures, Sound Ventures, MakerDAO and others. Initially designed as a new type of bank for companies using cryptocurrencies, Multis now aims to provide a software layer that helps Web3 organizations manage their crypto finances. Previously, Multis closed a $2.2 million seed round in 2020, with participation from Coinbase Ventures and others.