Crypto startup connecting new users to web3 apps Slide raises $12.3 million

Oluwajuwonlo Afolabi -

New York-based Slide, a crypto startup that is providing user experience infrastructure for decentralized apps (dapps), has raised $12.3 million in its seed funding round co-led by Polychain Capital and Framework Ventures focused on crypto investments.

  • The fund will enable Slide to hire more staff, build out its infrastructure, and distribute its product to decentralized apps, the startup claims.
  • Slide provides a one-stop platform for new users to interact with web3 applications for buying crypto and holding assets in the crypto app. It lets users use its platform to buy, send, receive, hold, and cash out from NFTs with features for all theses within an app.
  • Slide aims to enable web3 users regardless of their background or experience, the CEO and co-founder, Teymour Farman-Farmaian says. Farman-Farmaian brings experience from leading crypto exchange at Coinbase and Sam Hatem from working as a blockchain developer at Polymarket, to launch Slide.
  • Outlander Ventures, Balaji Srinivasan (Coinbase Chief Technology Officer), Ani Pai (Dragonfly Capital partner), and Shayne Coplan (Polymarket CEO) invested in the funding round.