0xPass completes $1.8 million pre-seed funding round with participation from Alchemy Ventures.

According to BlockBeats news on September 11th, MPC solution provider 0xPass has completed a $1.8 million Pre-Seed round of financing, with participation from AllianceDAO, Soma Capital, Alchemy Ventures, Blockchain Builders Fund, Formulate Ventures, Kommune, Hashed EM, Signum Capital/UOB, Nonce Classic, as well as angel investors Balaji Srinivasan (former CTO of Coinbase) and Cory Levy of Z Fellows. Incubated at the Stanford Blockchain Club, 0xPass allows developers to build multiple authentication methods in non-custodial wallets, built on MPC algorithms, and allows key shares to be distributed only among network nodes.