News list for "cytonic"
Layer-1 blockchain Cytonic completed a $8.30 million seed round of financing; 2. Crypto artificial intelligence startup Pond completed a $7.50 million seed round of financing; 3. Perplexity AI search company is raising $500 million, and its market value will exceed $9 billion; 4. Hong Kong venture capital group The Z Label completed 90 million Hong Kong dollars financing, and plans to use new technologies such as blockchain to empower its products.
Layer-1 blockchain Cytonic announced the completion of a $8.30 million seed round, co-led by Lemniscap and Lattice. The Cytonic blockchain, developed by MultiVM Labs, is the first Layer-1 to use shared storage to run multiple VMs within the same network layer. It is designed to solve the blockchain compatibility problem and is compatible with most blockchains such as Bitcoin, Ethereum and Solana.
