The layer-1 network Swisstronik, which enables developers to create scalable apps while maintaining regulatory compliance and customer privacy, has announced the completion of its $5 million seed funding round. Additionally, it began its private token sale by selling MAQ Capital Home $SWTR tokens valued at $500,000 as an initial deal.
By offering a strong, user-friendly, and secure network that depends on hardware and software solutions to handle issues with legal compliance, data privacy, and interoperability, Swisstronik hopes to encourage the real-world use of blockchain. The project aspires to uphold the privacy and decentralized principles of cryptocurrencies while becoming the go-to blockchain solution for dApp developers, people, businesses, and anyone else who appreciates safety.
Chief Product Officer Valerii Brizhatiuk and Blockchain Team Lead Mike Antonuk jointly launched the startup’s first seed fundraising round last year and came up with the idea for Swisstronik. Entrep
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