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Four Pillars raises Series A funding, targets shift to Web3 solutions

Blockchain research and technology company Four Pillars said it raised Series A funding from global investors Pantera Capital and Further Ventures. The round was led by Pantera Capital, a crypto-focused investment firm for institutional clients. Four Pillars said the financing valued the company at about 30 billion won on a post-money basis. It said it will rebrand as a Web3 Solution Company and focus on bridging Asia and global markets, translating between traditional finance and Web3, and expanding beyond research into solutions.