The project from WazirX was able to attract investments of $ 5.4 million.

The startup Shardeum, which is focused on sharding, was able to attract $ 5.4 million. during the strategic financing round.

How much has the startup raised funds

The Block publication reported that the startup received an estimate of almost $ 250 million. The SEO of the new project reported that these investments will help focus on decentralization. Thanks to this, the community will be expanded through training and other major initiatives.

Many investment companies participated in the financing, such as Hyperithm Group, Amber Group and others.

In the autumn of last year, seed investments took place. Then the project was estimated at almost $ 200 million. The startup was able to attract about $ 18 million.

The main Shardeum crypto network will be launched at the end of this year. The project is managed by the creator of the Indian crypto-exchange WazirX and a blockchain architect. We are talking about Nishala Shetty and Omar Saed.

It should be noted that last month venture transactions decreased by more than 70%. Recall that at the beginning of the party, the startup of the Ethereum Scroll crypto network was able to attract about $ 50 million. The project was estimated at $1.8 billion. Before that, Web3Go was able to finish the seed round by $4. He was led by Binance Labs.

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