Metaverse Protocol Caduceus Closes $4M Series A Investment Round

Metaverse protocol Caduceus has closed a $4 million Series A round led by Susquehanna International Group with participation from Bin Zayed Group, TokenInsight, Qredo and others. The funds raised will be used to develop its decentralized rendering and edge cloud computing. Caduceus is an infrastructure-level open blockchain platform specifically built for the metaverse and the decentralized digital world. It is reportedly developing a suite of developer toolkits and hardware solutions that create a rich environment for metaverse development, enabling the building, financing, and cross-chain portability of 3D worlds and digital assets from metaverse to metaverse.