Nestcoin raises $1.9M, Adaverse involved.

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Nigeria-based Web3 startup Nestcoin has announced the successful completion of a $1.9 million new funding round with participation from Adaverse, Base Ecosystem Fund, Alter World, CMT Digital, Magic Fund, 4DX Ventures, and a group of angel investors. Nestcoin had previously suffered losses due to storing investment funds on FTX. The new funding will be used to build the non-custodial cryptocurrency wallet called Onboard and expand its newly established cryptocurrency training platform, Breach, and the cryptocurrency gaming association, Metaverse Magna (MVM).

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The completed funding is also a substantial amount of money.