Fluent Labs has secured $8 million in funding led by Polychain Capital to develop an Ethereum layer-2 solution that integrates WebAssembly, EVM, and SVM, enabling developers to create applications across multiple blockchain ecosystems without compatibility issues. With 60 projects already in development, the firm aims to enhance user experience through true cross-VM composability, allowing seamless access to various applications without the need for multiple wallets. The funds will also support team expansion, particularly in engineering.
about Polychain Capital Leads Eight Million Dollar Funding for Fluent Labs Ethereum L2Mustafa Al-Bassam
0 posts last weekEthereum Layer 2 SOON Raises 22 Million in NFT Sale Before Launch
SOON, the Ethereum Layer 2 utilizing the Solana Virtual Machine, has successfully raised $22 million through an NFT sale in preparation for its mainnet launch. This project, which aims to enhance scalability across blockchains, has garnered support from notable figures in the Solana ecosystem and plans to allocate 51% of its SOON tokens to the community. Users from several countries, including the U.S. and China, are restricted from participating in the sale.
about Ethereum Layer 2 SOON Raises 22 Million in NFT Sale Before Launch