IPAssets Technology, a Mesa-based blockchain integration specialist, announced a $1.4 million funding round that included a merger with Mango Farm Assets.
The proceeds from this funding will be used to accelerate the company’s branded platforms, which include MangoFarmAssets.com, RavencoinIPFS.com and TheAssetMarketplace.com, and Ice Wallet, IPAssets’ flagship cold storage wallet that is coming later this year.
Adam Small, IPAssets’ co-founder and CEO, said the development opportunities and partnerships created since the company was founded in 2019 are astounding.
“We have assembled the most vertically integrated suite of digital asset tools in the market and believe we are setting the foundation for mass adoption of digital assets utilizing real decentralized blockchain technology,” Small said in a statement.
IPAssets now has the platforms needed to create digital assets and store, view and sell them all under one roof.
In a statement, the company said Ravencoin is a “fair-launch blockchain with the strongest decentralization potential next to Bitcoin.”
“Our technology is on the leading edge,” said IPAssets co-founder Doug Pepe in a statement. “We focus on critical use-case needs and develop sophisticated solutions that empower the everyday person.”
IPAssets is currently collaborating with clients in markets including art, sports collectibles, gems and jewelry, and intellectual property.