NodeKit raises $1.2 million in pre-seed funding to build rollup network based on Avalanche
NodeKit, a team developing the SEQ network based on Avalanche, has raised $1.2 million in seed funding led by Borderless Capital, with participation from Avalanche Blizzard Fund, Polygon Ventures, and Wormhole Cross-Chain Ecosystem Fund. NodeKit is building SEQ, which is a shared sorter layer 1 network that will help rollup chains launch and decentralize their transaction ordering. SEQ will operate as a separate blockchain or subnet within the Avalanche ecosystem.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget futures PnL analysis upgraded
Bitget has enhanced its futures PnL analysis to help users better track their trading performance and PnL over specific periods. The upgraded tool features two components: account analysis and trade analysis. How to access PnL analysis? App: Futures account assets > Today's PnL Website: Futures acc
Celsius Begins Second Distribution of $127 Million to Eligible Creditors
Tether-backed Northern Data receives acquisition offer for its crypto mining unit