Blockchain-Based Bank N3XT Raises $72M in Three Funding Rounds

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According to PANews, Crunchbase data shows that blockchain-based bank N3XT has completed three funding rounds, raising a total of $72 million, with the latest round in October. The company has received support from multiple venture capital firms, including Paradigm, HACK VC, and Winklevoss Capital. N3XT was founded by Scott Shay, the founder and former chairman of Signature Bank, and Jeffrey Wallis, former director of digital assets and Web3 strategy at Signature Bank, will serve as CEO.

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