Verification Protocol Fusotao Protocol Closed $2.4 Million Seed Funding Round

TokenInsight news, Fusotao Protocol, a verification protocol for the Octopus Network ecosystem, closed a $2.4 million seed round led by D1 Ventures, Seven X Ventures and Big Brain Holdings, with participation from Octopus Network, 0x Ventures, Vespertine Capital, and CeloLaunch Labs. Fusotao Protocol is a verification protocol for order-book based matching systems, using the paradigm of “execute off-chain, verify on-chain”. It is reported that Fusotao's first DEX FXDX will be launched in early May this year.
Source

Fund Raising

Related News
Decentralized Stablecoin Minting Protocol M^0 Raised $35M, Led by Bain Capital Crypto Decentralized Stablecoin Minting Protocol M^0 Raised $35M, Led by Bain Capital Crypto
Decentralized Identity Project Humanity Raised $30M, Led by Kingsway Capital Decentralized Identity Project Humanity Raised $30M, Led by Kingsway Capital
Sophon Raised $60M Through a New Funding Method Node Sale Sophon Raised $60M Through a New Funding Method Node Sale
Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital Berachain Raised $100M Series B Round, Led by Framework Ventures and BH Digital
New Layer 1 Monad Labs Raised $225M, Led by Paradigm New Layer 1 Monad Labs Raised $225M, Led by Paradigm
Latest News More More
8 Hours Ago ZRO token falls 17% amid controversy over LayerZero’s ‘not an airdrop’
8 Hours Ago Ripple faces securities suit in California over CEO’s ‘misleading statement’
1 Day Ago SEC Ends Probe Into Consensys, Won't Sue Over Ethereum
1 Day Ago Layer 2 network Blast to roll out its token airdrop next week
2 Days Ago Telecom Giant and T-Mobile Parent Deutsche Telekom Plans to Mine Bitcoin
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open