Smart Contract Infrastructure Firm Neutron Closes $10 Million Funding Round Led by Binance Labs and CoinFund

Smart Contract Infrastructure Firm Neutron Closes $10 Million Funding Round Led by Binance Labs and CoinFund

Smart contract infrastructure firm Neutron closed a $10 million funding round led by Binance Labs and CoinFund, with participation from Delphi Ventures, LongHash Ventures, Semantic Ventures, Nomad Capital, and others. The funds raised will be used to help advance development of Neutron’s blockchain software and promote growth for its ecosystem help advance development of Neutron’s blockchain software and promote growth for its ecosystem.

Neutron, which had its mainnet launch in May, is a cross-chain smart contract platform that uses the Cosmos ecosystem’s interchain security feature, Replicated Security (RS). Developers can use Neutron to build smart contracts and DApps in a cost-effective and secure environment.

Neutron is interoperable across the 51 blockchains within the Cosmos network that are connected through Inter-Blockchain Communication (IBC).

 

TokenInsight is dedicated to covering the most important and cutting-edge trends in the world of crypto. If you have information to share with us, please feel free to contact our email news@tokeninsight.com. Your trust will be well respected.

Source

Infrastructure

Fund Raising

Binance

Related News
Binance South Africa to require information on senders and recipients for local compliance Binance South Africa to require information on senders and recipients for local compliance
Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument Binance tax evasion trial in Nigeria adjourned until April 30 on 'substituted service' argument
Binance suspends employee for allegedly profiting off of insider information Binance suspends employee for allegedly profiting off of insider information
Binance Records $3.97B Weekly Inflows Binance Records $3.97B Weekly Inflows
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
Latest News More More
9 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
9 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
3 Days Ago USDC closes in on $61 billion as institutional demand outpaces USDT growth
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open