In a recent news report by The Block, blockchain data developer Irys has completed a funding round led by cryptocurrency-focused venture capital firm Lemniscap, bringing Irys’ total funding to $8.9 million. Framework, Primitive Ventures, Hypersphere, Permanent Ventures, EV3, Berachain co-founder Smokey the Bera, Ryan Watkins, Daniel Cheung, and others participated in this funding round. Formerly known as Bundlr Network, Irys has expanded its services from bundling transactions to enhancing storage throughput for developing scalable on-chain data. Additionally, the platform is building infrastructure to track and verify data to combat digital misinformation.
Data Development Firm Irys Secures 89 Million Funding Led by Lemniscap
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Data Development Firm Irys Secures 89 Million Funding Led by Lemniscap