Malaysia-based information technology company MASVERSE has secured a $150 million valuation in a seed round with funding from Singaporean blockchain venture capital firm Stratified Capital and Malaysian tech firm MEP Enviro. In addition, the company will conduct angel round financing from now on.

It is understood that MASVERSE focuses on developing the WEB 3.0 blockchain ecology and has created Malaysia's first one-stop WEB 3.0 ecosystem, which consists of 12 unique infrastructure pillars, providing a safe and reliable network for data exchange . In only 6 months since its establishment, MASVERSE has launched the NFT market, Lab and MGG DAO, and plans to increase development efforts in 2023, adopt its own chain and APP, and expand its database.