Holdstation has secured a substantial 7-figure investment from SNZ Capital, Summer Ventures, and EVG Ventures. This injection of capital is aimed at advancing Holdstation's smart AI wallets, which integrate artificial intelligence and blockchain technology to offer a revolutionary user experience. The strategic Phase 2 funding will significantly enhance Holdstation's capabilities in merging advanced AI with simplified blockchain interactions, thereby redefining user portfolio management.
Positioned as a pioneer in Account Abstraction adoption, Holdstation has experienced significant user growth, reinforcing its status as the leading Account Abstraction wallet and perpetual decentralized exchange (DEX) on zkSync. This strategic move simplifies transactions and enhances security, solidifying Holdstation's leadership in blockchain technology.
Holdstation's commitment to advancing the Web3 ecosystem through innovative technology aligns closely with the strategic visions of SNZ Capital, Summer Ventures, and EVG Ventures. This collaboration leverages the combined expertise of these investment firms to further expand the Web3 space, particularly focusing on AI, perpetual DEX, and wallet segments.
The investment will enable Holdstation to develop AI for advanced portfolio management and streamline the digital wallet experience, positioning the company to lead significant innovations that will transform user interactions in Web3. SNZ Capital, Summer Ventures, and EVG Ventures bring valuable experience in financial and marketing strategies, making them ideal partners to drive Holdstation's initiatives forward.
The backing from SNZ Capital, Summer Ventures, and EVG Ventures will bolster Holdstation's role as a premier Web3 wallet that integrates artificial intelligence and trading features. This development is expected to accelerate the widespread adoption of Web3 wallets with trading functionalities across all blockchains, facilitating a smoother transition from Web2 to Web3.
Trung Banh, Co-Founder and Chief Product Officer of Holdstation, stated, "Partnering with SNZ Capital, Summer Ventures, and EVG Ventures feels like a natural step forward. They've been Ethereum enthusiasts since the early days, and their deep roots in the global community give us an incredible advantage. This partnership is not only about funding but also about starting a journey together that opens up significant opportunities and resources, helping us grow and innovate faster than ever. We're all in for an exciting ride."
Gavin, Investment Partner of SNZ Capital, added, "By backing Holdstation's Phase 2, we are not just investing in technology; we are investing in a vision that places user empowerment at the forefront of financial services."
Together with SNZ Capital, Summer Ventures, and EVG Ventures, whose expertise in financial and marketing strategies is unmatched, Holdstation is well-equipped to lead transformative changes that enhance user accessibility and experience across the Web3 landscape.
About Holdstation
Holdstation offers a seamless approach to trading and managing assets by leveraging Account Abstraction along with Holdstation Defutures, its perpetual DEX operating on zkSync. Complemented by the next-gen Web3 Holdstation Wallet and zkStarter, a launchpad native to zkSync, Holdstation is designed to make sophisticated blockchain technology accessible and straightforward, resembling the ease of Web2 applications.
Useful links
Website | Twitter | Discord | Telegram
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.
