Polkadot-based Protocol t3rn Raises $6.5 Million

Nov 25,2022
KingData News: t3rn, a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transactions, has raised $6.5 million in a strategic funding round. The funding was secured via a simple agreement for future tokens (SAFT). Investors: Polychain Capital led the round, with Huobi Ventures, Figment Capital, Blockchange Ventures, Lemniscap and others participating. Project Info: t3rn started in 2020 to offer cross-chain transactions across Polkadot's ecosystem and beyond. It will soon be launched on mainnet, supporting blockchains across consensus mechanisms and programming languages, including Ethereum Virtual Machine, Solidity and Ink.
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