SIMBAChain has received funding of $ 25 million and plans to expand into the NFT business.

Golden Financial announced Thursday that SIMBAChain, a blockchain company with multiple U.S. military contracts, has completed a $ 25 million Series A financial environment led by ValleyCapitalPartners. The business will use the money to develop the company's sales and marketing and expand into the NFT industry. In January of this year, SIMBAChain announced that it had been awarded a $ 1.5 million contract from the US Naval Research Agency to develop a blockchain system that would enable the availability of military weapons. (Parts office)