Blockchain Developer Monad Labs Secures $225M Funding Led by Paradigm

Tuesday, 9 April 2024, 15:32
Monad Labs, a blockchain developer, has successfully secured $225 million in a funding round led by Paradigm. The company intends to create an Ethereum-compatible environment with improved speed capabilities compared to the original.
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Blockchain Developer Monad Labs Secures $225M Funding Led by Paradigm

Monad Labs Raises $225M Led by Paradigm

The latest news in the financial world reveals that Monad Labs, a blockchain developer, has successfully raised $225 million in a funding round led by Paradigm. The company aims to revolutionize the blockchain space by offering an Ethereum-compatible environment that is faster than the original.

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