UAE-based metaverse startup MetaFi raised $3 million in funding from DoublePeak Group and others

UAE-based metaverse startup MetaFi raised $3 million in funding from DoublePeak Group, Maven Capital, OKX Blockdream Ventures, Megala Ventures, Magnus Capital, Legion Ventures, SL2 Capital, X21 Digital, Good Games Guild, MetaGaming Guild, Mintable Go! Fund, and Athena Ventures.

MetaFi offers a comprehensive suite of decentralised finance (DeFi) and non-fungible token (NFT) services across the metaverse, Gamefi, SocialFi, and Web3. The funds will be used to develop MetaFi’s first core product, the Trading Metaverse, a new type of social trading experience governed by its users.