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TEXXR

Chronicles

The story behind the story

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Maps.me, an offline mobile map for travelers, raises $50M seed led by Alameda Research, aims to launch “yield earning” DeFi tools inside the app

The funding will go toward the launch of a multi-currency wallet on Maps.me, enabling decentralized finance (DeFi) features for 140 million users.

CoinDesk Sebastian Sinclair

Discussion

  • @coindesk @coindesk on x
    Offline travel app @MAPS_ME has received $50M in seed funding led by @AlamedaResearch intended for the launch of a multi-currency wallet and establishing the app's DeFi ecosystem. by @sebsinclair1989 https://www.coindesk.com/...
  • @jerallaire Jeremy Allaire on x
    Congrats to @maps_me and @SBF_Alameda @cmsholdings and Genesis team on this — it will be very exciting to see an app with 100M users connecting to crypto and DeFi! https://www.coindesk.com/... @ProjectSerum @solana