Arch Network raises $7M in a Seed funding round

#ArchNetwork secures $7M in a Seed funding round led by Multicoin Capital with participation from Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, Tangent, Cypher, Newman Capital, and others. Arch Network plans to use the funds to hire additional core developers, help launch the Arch Network into mainnet in the second half of 2024, and continue to support its burgeoning app ecosystem.

Arch Network is a parallelized, proof-of-stake network that uses zk-proofs to enhance #Bticoin -native programmability.

👉 twitter.com/ArchNtwrk/status/1788605929765945799