According to Tech in Asia, SerMorpheus, an Indonesian blockchain startup, has completed a $2.5 million seed round of financing led by Intudo Ventures. The funds raised will be used for product development and recruitment. The company is currently in business development, marketing, community and technology departments Has about 30 employees. Foresight News noted that SerMorpheus was established in January this year to help companies and brands create NFTs for their customers and fan bases, and enable end customers to purchase NFTs using Indonesian rupiah.