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Woofun AI reports that Ground has closed a $3.6 million Pre-Seed financing round. Bain Capital Crypto and ParaFi served as lead investors, with participation from Nascent, Robot Ventures, Chapter One, and Consonant Ventures.
The investment structure utilizes SAFE agreements paired with token-based options, explicitly denying investors board or advisory seats. Founded by Reid Cuming, Ground offers API services allowing fintech firms and asset managers to integrate on-chain revenue products without custom blockchain development.