Crypto heavyweights back inflation-resistant savings protocol

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With inflation raging at 40-year highs, Seashell Save is offering up to 10% interest on user deposits. Story by CT Business Editor forgeforth_

Fintech startup Seashell has raised $6 million in seed investments from some of crypto’s biggest venture funds and project founders as it seeks to build out an inflation-resistant finance app — a timely initiative as consumers struggle with the pressures of rising costs.

Seashell is launching a consumer app that gives users a simple way to earn higher yields on their money. The company claims that its Seashell Save product gives users up to 10% interest on their funds, with flexible redemption options. The app is available on both Android and iOS devices.

 

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