The protocol was constructed upon LayerZero's architecture, which secured a staggering $120 million funding earlier this year, valuing the company at an impressive $3 billion.
Latest news about Funding Rounds
Funding Rounds latest news, image, analysis about Funding Rounds The protocol was constructed upon LayerZero's architecture, which secured a staggering $120 million funding earlier this year, valuing the company at an impressive $3 billion.
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The funding round attracted substantial investments from prominent entities, including Pantera Capital, Binance Labs, Coinbase Ventures, and Apollo Crypto.
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Uniswap CEO Hayden Adams, OpenSea co-founder Alex Atallah, entrepreneur Balaji Srinivasan, and Polygon co-founder Sandeep Nailwal enthusiastically participated in the funding round as angel investors.
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The Swiss non-profit organization is responsible for managing both the Anoma blockchain architecture and the layer 1 blockchain called Namada.
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The startup provides enterprise clients like Macy's and Mattel with a secure non-custodial wallet infrastructure.
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The startup provides convenient on- and off-ramps that facilitate the interaction of new users with Web3 projects.
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The project additionally introduced its new PLEX client, designed to alleviate the demands of computationally intensive tasks involving scientific data.
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Superscrypt spearheaded the extension of pre-seed funding, with Polygon already onboard as an investor.
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C Squared Ventures and Goat Capital, the firm co-founded by Twitch founder Justin Kan, were at the forefront of leading the fundraising efforts.
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The Series B funding round was secured approximately five months after the company downsized its workforce by 15% due to the challenges posed by the extended bear market in the crypto industry.
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