Blockchain ID project Humanity Protocol hits unicorn status with $30M raise
Over half a million people are already on the waitlist for Humanity Protocol’s public testnet launch, expected to take place in the back half of 2024.
Decentralized identity solution Humanity Protocol is officially a unicorn after a recent $30 million raise lifted its valuation to $1 billion.
The $30 million Seed Round was led by Kingsway Capital, with participation from Animoca Brands, Blockchain.com, Hashed, Shima Capital and 20 other investors, Humanity Protocol wrote in a May 15 Medium post.w
Humanity Protocol plans to use the funds to expand its product development unit as the firm prepares for its public testnet launch in the second half of 2024.
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Author: Brayden Lindrea
