Morph Secures $20 Million Funding for Ethereum Layer 2 Development

Wednesday, 20 March 2024, 14:42

Morph, a developer of Ethereum Layer 2 network, has successfully raised $20 million in seed and angel funding rounds. The investment comes from prominent investors including Dragonfly and Pantera. This significant funding will propel Morph's development efforts in enhancing Ethereum's scalability and performance, marking a positive milestone in the blockchain ecosystem.
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Morph Secures $20 Million Funding for Ethereum Layer 2 Development

Morph Secures $20 Million Funding

Morph, a developer of Ethereum Layer 2 network, has successfully raised $20 million in seed and angel funding rounds.

Investment from Dragonfly and Pantera

This significant investment comes from renowned investors Dragonfly and Pantera, indicating strong confidence in Morph's capabilities.

Enhancing Ethereum's Scalability

Morph's funding will drive efforts to improve Ethereum's scalability and performance, ensuring a more efficient network for users.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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