Fri. Nov 25th, 2022

Blockchain infrastructure startup A4X (a41) announced on the 28th that it has attracted 12.9 billion won worth of seed investment.

SK Corporation, DSC Investment, Schmidt, KB Investment, and Spring Camp participated in the investment. a41 plans to strengthen its position as a blockchain infrastructure service provider by using this investment to recruit talent and develop products.

A41 is currently developing ‘Super Nova Protocol’. It is a Cosmos blockchain-based staking fluidization service that will be released in the second half of this year. Staking fluidization service is one of the depi services available in blockchain that adopts PoS method.

a41 is a blockchain infrastructure startup, and blockchain accelerator a41 Ventures is the predecessor.

It provides governance-as-a-service, product development, and research-based content centering on the Valley Data (verifier) business. In particular, a41 emphasized that it is actively conducting research and expressing opinions on this, believing that participation in governance is important as well as creating and verifying blocks as valley data.

Park Kwang-sung, CEO of a41, said, “I am happy to be recognized for my potential in this seed investment round,” adding, “I will do my best to grow into a blockchain infrastructure company.”

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