Bitcoin chain extension protocol QED completes $6 million seed round financing, Blockchain Capital participates
2024-07-03 15:05:34
Bitcoin on-chain extension protocol qed announced completed 600desk3cryptocurrencydesktopCrypto News
QED, the Bitcoin on-chain scaling protocol, announced the completion of a $6 million seed round. Blockchain Capital participated as the sole investor. Its founder revealed that this round of financing has valued QED to "nine figures", or at least $100 million. As of now, QED has raised a total of $10.60 million. Previously, the company received $3.25 million in pre-seed financing from Arrington Capital, StarkWare, Draper Dragon and others, and received $1.35 million in angel round financing from companies such as Animoca Brands-backed Sparkle Ventures.
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