The DoubleZero Foundation has successfully raised $28 million in a token funding round aimed at developing a global fiber network specifically for blockchains. This initiative is designed to enhance bandwidth and reduce latency for high-performance blockchain applications. The project, co-founded by Austin Federa, has been valued at $400 million, reflecting its potential impact on decentralized internet infrastructure. The funding round was co-led by Multicoin Capital and Dragonfly Capital, with backing from various industry players, including the Solana ecosystem, which has expressed support for the project's goals of scaling blockchain capabilities beyond current public internet limitations.
Zero Hash: Powering Seamless Access to Tokenized Finance @ZeroHashX is making it easier than ever for institutions to access tokenized assets. A https://t.co/2NeL9bY6em Diamond Sponsor, Zero Hash provides API-first infrastructure that enables seamless trading, payments, and… https://t.co/C7EmI2Ji6P
We at @JuicyStake_ take pride in being pioneers, going where everyone else is too afraid to. This time on @doublezero. We are connected; it works. Bandwidth has been increased, latency has been reduced. https://t.co/8Yw2Cjllj4
Shardeum in the Spotlight 🌟 For linearly scaling web3 using Dynamic State Sharding, Shardeum has been recognized as one of the top 5 blockchains leading the way for digital transformation. Check it out: https://t.co/Hu2qOjDwM9