HoneyB developer Nectar Group closes $5 million seed round
Nectar Group, the developer behind the HoneyB bitcoin income platform, has raised $5 million in a seed round, according to a report from The Block.
What the funding covers
The verified facts confirm that Nectar Group, which builds the HoneyB bitcoin yield platform, has closed a seed round totalling $5 million. The available reporting does not disclose a valuation, the investors taking part, or how the capital will be deployed.
The round was reported by The Block. Crypto Briefing also published an item on the same announcement, but WORLDTECH has not independently verified its details.
Open questions
- Which investors took part in the $5 million seed round?
- How will Nectar Group put the new capital toward HoneyB?