AIKON Raises $10 Million Series A to Spread Web3 Adoption

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AIKON, a leader in Web3 onboarding solutions, today announced a $10 million Series A equity financing round. The round was led by institutional blockchain investment firm Morgan Creek Digital. Also in this round, Blizzard the Avalanche Fund joined as a strategic investor and partner. Mark Yusko and W. Scott Stornetta will be part of AIKON’s Board. Mark is the CEO of Morgan Creek Capital Management (MCCM) and Managing Partner of Morgan Creek Digital (MCD). MCD, the blockchain and crypto investment business line at MCCM, invests in promising seed and early-stage blockchain companies as well as later stage companies seeking growth capital. MCD has invested in several companies including Blockdaemon, Chain Reaction, Messari, Ledger, Figure, and Gemini, some which are now leaders in their category in the blockchain industry.

AIKON’s mission is to accelerate blockchain technology adoption by providing simple, secure onboarding solutions for businesses, developers and consumers. As the industry matures with multiple important blockchains, the need for solutions that work across these chains will be vital. AIKON provides solutions built on the Open Rights Exchange (ORE) Network, powered by the ORE Token, that allow AIKON users to tap into the benefits of many blockchains including Ethereum, Polygon, Algorand, Telos, WAX and more.