Web3 startup Terminal 3 completes $8 million seed round financing, Animoca Brands and others participate

Web3 startup Terminal 3 announced the completion of a $8 million seed round led by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, Cherubic Ventures, 500 Global, Consensys Mesh, Hard Yaka, and BlackPine. The new funds will be used to build a decentralized identity and credential data infrastructure, as well as develop a new data privacy and security protocol for release later this year.