Brazilian cryptocurrency anti-fraud company Vaas announced the completion of a Pre-Seed round of approximately US$2 million, led by ABSeed

According to Contxto, Vaas, a Brazilian cryptocurrency anti-fraud company, announced the completion of a pre-seed round of financing of BRL 10 million (approximately USD 2 million), led by ABSeed and with participation from Fuse Capital and Honey Island under 4UM. Vaas's solution supports tracking the entire history of assets in encrypted wallets and identifying some unconventional or suspicious transactions. The new funds will be used to develop new products and expand business into traditional financial areas such as banks.