Coinomo Crypto Wallet Is Officially Launched Post Fresh Funding

Coinomo, a new company of Turn Capital's acquisition over Dapp Pocket (Taiwan-based crypto wallet) and Cappuu (a yield aggregator service), announced fresh funding with an undisclosed value led by Vertex Ventures Southeast Asia & India (Vertex Ventures SEAI). Also, the beta version of the Coinomo application was released for the Indonesian and Taiwanese markets.

This round involved some investors, including zVentures (a Razer venture company), Spartan Group (a blockchain advisory and digital asset management company), Leo Cheng, and Venture Dao (a decentralized autonomous organization/community-based investment DAO consisting of business founders). Turn Capital's previous investors also participated in this round.

Vertex Ventures SEAI's partner, Genping Liu said, "We see an increase in interest and continuous innovative applications in the crypto space. Coinomo allows retail investors to easily participate in the ecosystem based on their investment profile return. This provides significant value by abstracting away complexity and confusion for the general retail user, while also reducing the risk of many projects.