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
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
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital
Praxis gets $525M for utopic crypto, AI-friendly city Praxis gets $525M for utopic crypto, AI-friendly city
Latest News More More
2 Days Ago Eliza Labs unveils auto.fun, a no-code AI agent launchpad with 'fairer than fair' token model
2 Days Ago Non-KYC exchange eXch to close down under money laundering scrutiny tied to Lazarus Group
3 Days Ago Base scrutinized over promotion of token that briefly crashed 95%; says part of 'contentcoin' vision
5 Days Ago Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
5 Days Ago Canada to launch spot Solana ETFs this week: report
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open