Fantom Foundation completes $10 million strategic financing, led by Hashed
2024-05-23 16:32:33
The Fantom Foundation announced the completion of a $10 million strategic financing round led by Hashed, with participation from UOB Ventures, Signum Capital, SoftBank, Aave Foundation, and others. This round of financing will be used to support the Sonic Foundation, as well as strategic growth and ecosystem development, with a particular focus on enhancing the liquidity of automated market makers and money market blue chip pools. The move is designed to attract users from Ethereum and other layer 2 networks.
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