BlockBeats reported that on October 24, Genius completed a $6 million financing round led by CMCC Global, with participation from Arca, Flow Traders, AVA Labs, SALT, Psalion VC, and other investors. Angel investors include Balaji Srinivasan, former CTO of Coinbase.
Genius aims to create a simple crypto portal that allows users to use payment tools such as Moonpay, and purchase any token on any chain without address management or worrying about gas.