Doppel Closes $5M Seed Funding Round
Summary
The round was led by FTX Ventures with participation from Solana Ventures, Polygon Studios, OpenSea Ventures, Dapper Labs, SV Angel, South Park Commons, Script Capital, Spartan Group, Paxos, Punk 6529, Quiet Capital, AlphaLab Capital, and angels such as Balaji Srinivasan, Sabrina Hahn, Gokul Rajaram, Magic Eden co-founder, and Tagomi co-founder. The company intends to use the funds to enhance its detection capabilities, which will allow the platform to identify bad actors within the ecosystem and expand upon the current illicit activities that it monitors for. Founded in February 2022 by Kevin Tian, CEO, Doppel is a real-time, cross-chain monitoring service for detecting NFT fraud and counterfeits. Doppel currently supports Ethereum, Solana and Polygon NFTs, will be servicing the Flow ecosystem, and is set to add additional blockchains throughout 2022. Additionally, Yuga Labs has been testing the technology as one way to improve response times to bad actors.
Funding
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