PANews reported on October 23rd that Web3 infrastructure provider Entry announced the completion of a $1 million Pre-Seed funding round led by Modern Niagara, with participation from Qrecendo and Perrfin. The funding, which combines equity and Simple Agreement for Future Tokens (SAFT) elements, has a seed FDV of approximately $25 million, with a TGE expected to be approximately $50 million.
Entry is a compliance-native Web3 infrastructure connecting institutions and decentralized finance. By transforming compliance into verifiable on-chain proof, Entry allows institutions to onboard verified users, screen clean assets, and maintain a real-time audit trail. The network, powered by the ENT token, supports zero-knowledge computation, staking, and AI-powered compliance invocation.
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