Smart account development firm Rhinestone has recently announced its successful closing of a $5 million seed round financing, led by prominent venture capital firm 1kx, with participation from leading investment institutions such as CoinFund, Lattice, Heartcore, Circle Ventures, Alchemy Ventures, zkSync and Cyber, as well as numerous angel investors. With this funding, Rhinestone plans to accelerate the development and promotion of its smart account infrastructure, further strengthening its position in the industry. To date, Rhinestone's total funding stands at $5.42 million.