Hong Kong Cyberport has denied any investment relationship with Metafyed. According to ChainCatcher, personnel related to Cyberport told RootData after an internal review that Cyberport is not an investor in Metafyed and does not hold any equity in the company.
RootData describes Metafyed as a blockchain-based real-world asset, or RWA, tokenization platform whose business covers private credit and project financing. The project had previously disclosed a $5.5 million financing round and said in its funding press release that it had received "incubation and support" from Hong Kong Cyberport, Draper, and the Stellar Development Foundation.
RootData said it had already marked that financing round as "questionable" in March this year. It also urged users to pay attention to the project’s risks, assess related fundraising information carefully, and submit verifiable information or correction leads to help improve the accuracy and reliability of platform data.
Hong Kong Cyberport has denied being an investor in Metafyed. According to ChainCatcher, personnel related to Cyberport told RootData that, after an internal review, Cyberport is not an investor in Metafyed and does not hold any equity in the company.
RootData’s information shows that Metafyed is a blockchain-based real-world asset (RWA) tokenization platform. Its business involves private credit and project financing.
The project had previously disclosed that it completed a $5.5 million funding round. In its financing press release, it said it had received "incubation and support" from Hong Kong Cyberport, Draper, and the Stellar Development Foundation.
RootData said it marked that financing round as "questionable" in March this year. RootData also reminded users to pay attention to the project’s risks, judge related fundraising information carefully, and provide verifiable information and correction leads to help supervise platform data quality and improve its accuracy and reliability.
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