A number of investors, including former BlackRock CEO Yan Wu, Amesten Capital, and Polygon cofounder Sandeep Nailwal, contributed to the pre-seed capital raised by the cryptocurrency trading platform Carret.
The Carret cryptocurrency trading platform allows users to exchange more than 100 different coins. 24 Carret, the company’s flagship product, claims to deliver an annual percentage yield of up to 17%. (APY). The funding will be used by Carret to enhance business procedures and broaden its product and strategy verticals. Additionally, the funds will be utilised to expand the business’s presence outside of India and acquire the best personnel available. Additionally, the money will be utilised to meet marketing requirements and create a safe app.