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BlokID Raises US$1.25M in Seed Funding

Vietnamese blockchain developer, BlokID, has successfully closed a seed funding round, raising $1.25 million. The funding was led by Ascend Vietnam Ventures and AppWorks. BlokID aims to develop privacy protection solutions for the digital advertising industry using blockchain technology. The funds will be used to accelerate product development, focus on user acquisition, and expand into new markets. The company plans to launch by Q2 2024 and introduce features such as Google Analytics plug-ins and Financial Identity to enhance user privacy and security.

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