Superform Labs, a crypto startup founded by two former BlockTower Capital investors and a former Microsoft product manager, has raised $6.5 million in seed and angel funding rounds.

Polychain Capital led the seed round, with BlockTower Capital, Maven 11, Circle Ventures, and other firms participating, Superform said Wednesday. Angel investors in the round included Arthur Hayes, Marc Bhargava, Avi Felman, Michael Bucella, and Bryan Pellegrino.

The seed round closed in November 2022, but Superform waited to announce it alongside the launch of its marketplace in early access mode, Blake Richardson, co-founder of Superform, told The Block. The round was structured as equity with token warrants, he said, declining to comment on the valuation.

Richardson founded Superform with his former …