Salto X picks up €5.2 million to build tokenized stock options for remote companies
Summary
With roots in Kyiv, Tallinn and Riga, Salto X is a pan-European startup reimagining stock options in Europe by connecting the Web2 and Web3 worlds. The startup just picked up €5.2 million to introduce its Incentive Tokens Plans to companies wanting to retain and recruit quality talent. New York-based Box Group, crypto fintech 3Commas, and angels such as Liu Jiang (ex-Sequoia GP) & Alex Gluchkowski (Founder of ZkSync) also joined the round. Ragnar is now the CEO of Salto X and explained the vision: “The existing model discriminates against remote employees, which is not acceptable in the remote-first world. We’re therefore very excited about backing SaltoX – led by the uniquely capable founders Elise, Tanya, Krists, and Ragnar – on their mission to simplify and transform employee incentives.”