Web3 Oracle Provider Stork Network Secures $4 Million Seed Funding
Thursday, 22 August 2024, 12:00
Web3 Oracle Provider Stork Network Raises $4 Million in Seed Funding
Web3 oracle provider Stork Network raises $4 million in seed funding, backed by The Lightspeed Faction, CMS, and Wintermute. The firm plans to use this funding to bolster its product offerings, particularly Stork Perps.
Investment Highlights
- Lightspeed Faction contributes significant funds, indicating strong investor confidence.
- Funds will enhance the technology and features of Stork Perps.
- Focus on expanding the product line in the Web3 ecosystem.
Future Innovations
- Stork Perps will introduce novel functionalities for users.
- Investment aims to strengthen Stork Network's market position.
- Development of new Web3 solutions is a priority moving forward.
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