ENSO Secures 42 Million in Funding Led by Ideo Ventures and Hypersphere

In breaking news, according to Coindesk, on June 25th, blockchain firm Abstract Intent Engine (ENSO) announced the completion of a $4.2 million financing. This round of financing was led by Ideo Ventures and Hypersphere, with participation from over 60 angel investors. The raised funds will be used to launch a Cosmos-based Layer1 blockchain later this year, as well as for ongoing product development.