Crypto anti-fraud company Vaas completes approximately US$2 million in Pre-Seed round of financing

Brazilian cryptocurrency anti-fraud company Vaas announced the completion of a Pre-Seed round of financing of approximately US$2 million. This round of financing was led by ABSeed, with participation from Fuse Capital and Honey Island, a subsidiary of 4UM. It is understood that the financing received will be used to develop new products and expand its business into traditional financial fields such as banking. The solution launched by Vaas supports tracking the entire history of assets in crypto wallets and identifying some irregular or suspicious transactions. The startup, which is still in the proof-of-concept stage and working with some major companies, plans to launch its blockchain transaction tracking platform next month. (Contxto)