Tenderly secures investment to enhance blockchain development tools, positioning itself as a leader in the emerging Web 3.0 ecosystem.

Information on the Target

Tenderly is an innovative platform aimed at simplifying blockchain development, particularly for decentralized applications (dApps) within the Web 3.0 ecosystem. Founded by experienced professionals Andrej Bencic, Bogdan Habic, Miljan Tekic, and Nebojsa Urosevic, Tenderly addresses the complexities involved in transitioning from Web 2.0 to Web 3.0 applications. The platform offers a comprehensive suite of tools designed to assist developers in building, monitoring, and debugging smart contracts efficiently.

With a focus on reducing development time and costs, Tenderly has garnered significant attention in the blockchain community. The platform boasts a visual debugger used by tens of thousands of smart contract developers and sends over 5 million alerts each month. Moreover, its transaction simulator processes more than 3 million transactions daily, surpassing the daily throughput of the entire Ethereum network, which highlights Tenderly's rapid adoption and essential role in the blockchain development landscape.

Industry Overview in the Target’s Specific Country

Serbia, where Tenderly is based, is witnessing a burgeoning interest in blockchain technology and innovation. Although nascent compared to leading global markets, it has begun to carve out a niche in the tech landscape due to an