Elmnts, a mineral rights tokenization platform, raises $2 million in pre-seed funding
Elmnts is a mineral rights tokenization platform based on Solana, with mineral rights referring to the right to extract underground resources such as oil and natural gas. The company has raised $2 million in seed funding. This round of financing was led by Graph Ventures, Foundation Capital, and B+J Studios. According to reports, 45% of the funds will be used for "development" and 30% will be used for "legal/regulatory" purposes.
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