The post MegaETH Labs Raises $20 Million Seed Round Led by Dragonfly Capital, Backed by Vitalik Buterin appeared on BitcoinEthereumNews.com.

MegaETH Labs has raised $20 million in a seed round, with backing from notable figures such as Vitalik Buterin, Cobie, and Joseph Lubin. MegaETH Labs has raised $20 million in a seed round, with backing from notable figures such as Vitalik Buterin, Cobie, and Joseph Lubin. The funding round, led by Dragonfly Capital, brings MegaETH’s fully diluted token valuation to at least $100 million. MegaETH is a real-time blockchain capable of streaming transactions at 100,000 transactions per second with millisecond latency. The project aims to turn cutting-edge ideas into everyday reality with fully on-chain, interactive, and sophisticated applications. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz. Source: https://thedefiant.io/news/defi/megaeth-labs-raises-20-million-seed-round-led-dragonfly-capital-backed-vitalik

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Filed under: News - @ June 28, 2024 9:16 am