Web3 Digital Identity Startup Humanity Protocol Raises $30 Million at a $1 Billion Valuation

The web3 digital identity firm Humanity Protocol raised $30 million in funding, bringing the startup to a $1 billion valuation.  The venture firm Kingsway Capital led the round, which had additional support from Animoca Brands, Blockchain.com and Shima Capital, Bloomberg reports, adding that Humanity Protocol also raised $1.5 million from "influential crypto figures."

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Read the full story at The Block.