Web3 video streaming platform Rad has completed a new round of financing, led by Ayre Ventures.

BlockBeats reported on November 28th that Web3 video streaming platform Rad has completed a new round of financing, led by Ayre Ventures, with the specific amount of financing undisclosed. Rad also announced that it has integrated the use of the BSV blockchain into its transactional video on demand (TVOD) and open or limited edition NFT video publishing and purchasing processes. In addition, Rad has also integrated with mobile and web wallet HandCash, allowing users to directly stream funds to applications, games, and websites to facilitate payments. Users can create and purchase content on Rad without the need for a browser plugin, and the company is scalable to support other forms of payment. Currently, Rad supports a variety of devices, including PlayStation 5, PSVR, Oculus Quest, iOS, and Google TV.