Boba Network attracted $ 45 million when estimated at $ 1.5 billion

The Boba Network project, focused on second -level solutions for Ethereum, attracted $ 45 million. Investors estimated a platform of $ 1.5 billion.

📢📢 Boba Network Has Closed a $ 45m Series a Round at $ 1.5B Valuation 📢📢

• Close to 400 Participants
• Includes https: https://gagarin.news/news/eu-wants-to-verify-crypto-payments/ // t.CO/B5KJGDGKGX, HUOBI, M13, and OTHERS
• Focus on Scaling and Ecosystem Development

Round financing of series A was carried out in the form of tokensil. Crypto took part in it.Com, Huobi, Bitmart, Kinetic Capital, Infinite Capital, Hack VC, Dreamers VC under the leadership of Will Smith, M13 Ventures and about 400 other investors.

The founder of the project Alan Chiu said that the funds raised will increase the team, provide grants to developers, and also activate marketing efforts.

The launch of the main Boba Network network took place on September 20, 2021. The ENYA project team is working on the platform, which is a member of OMG Foundation.

The protocol works on the basis of the second -level solution of Optimistic Rollups.

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