HomeCryptoAltcoinIconium: 5 million euro raised by the Italian startup

Iconium: 5 million euro raised by the Italian startup

ICONIUM, an innovative startup that aims to select the best opportunities and blockchain projects worldwide, has closed a first tranche raising €5 million, the funds come from entrepreneurs, private equity, finance professionals and managers.

iconium italian startup

The company participates in projects based on cryptocurrencies and digital tokens focused on privacy and decentralization, blockchain-based web browsers, decentralized exchanges, supply chains, technologies and platforms for anti-counterfeiting and luxury goods, stable coin and also platforms for the creation of a universal decentralized digital identity.

In addition, according to the press release, Iconium is also at an advanced stage of negotiations to enter into the participation of a major global crypto fund.

Iconium was founded in the spring of 2018 by Fabio Pezzotti, also CEO of Xandas Ventures, and advisor to Wanderio and this year alone has received about 200 project proposals.

We are proud to receive, through this capital raising, the confirmation of the validity of our project that is part of the blockchain industry, which is changing the world of transactions as we know it. Thousands of digital token public offerings have been launched in the last two years, raising over $15 billion. It is assumed that this industry will revolutionise not only the financial markets but also all areas of our lives. It’s a substantial paradigm shift from a centralized ‘information internet’ to a decentralized ‘internet of value’ that will radically change society and the markets, explained Pezzotti.

Eleonora Spagnolo
Eleonora Spagnolo
Journalist passionate about the web and the digital world. She graduated with honours in Multimedia Publishing at the University La Sapienza in Rome and completed a master's degree in Web and Social Media Marketing.