Layer 1 network Initia completed US$7.5 million in financing, led by Delphi Ventures and others

2024-02-27 22:14:39BlockBeatsShare to:

According to BlockBeats news, on February 27, Layer 1 blockchain Initia completed US$7.5 million in financing. This round of financing was jointly led by Delphi Ventures and Hack VC, with participation from Nascent, Figment Capital, Big Brain and A.Capital. Angel investors include pseudonymous crypto trader Cobie, DCF God, Split Capital co-founder Zaheer Ebtikar, Fiskantes, WSB Mod, and Celestia COO. Initia is currently running on a closed testnet. Some projects have already built DeFi applications on testnets and plan to officially launch them after the incentivized testnet is launched in early April. Once any issues are resolved, the project will launch its mainnet, with initial plans to launch in the second quarter. BlockBeats previously reported that on October 12, 2023, the developers of the Layer 1 network Initia announced today that it had received a pre-seed round of investment from Binance Labs. The specific financing amount and further details have not yet been disclosed.

CelestiaIntro

Celestia (TIA) is th...All

CelestiaMarkets

Price	$17.28 USD	Price Change (24h)	+3.85%	Trading Volume (24h)	$64,955,370.52 USD
Market Cap	$1,743,375,777.99 USD	Circulating Supply	182,249,007.2	Max Supply:	--

Disclaimer: The information provided in this section doesn't represent any investment tips or Bi123.co's official position.

A valuable blockchain information and data platform

Related News

Similar News

MORE+