💵 Citrea raised an additional $14M Testnet is still available • Total raised: $16.7M • Airdrop probability: HIGH • Zero-cost interaction How to interact 👇 🔸 About Citrea: @citrea_xyz is the first rollup that enhances the capabilities of Bitcoin blockspace with zero… https://t.co/363Rx8MS1D
Based rollups, based team, based stack, all reasons why we co-led this round of @Spire_Labs! They are spearheading the development of based rollups, which will improve composability and UX of apps on top of Ethereum. Want to learn more? Read what our team has to say below: https://t.co/qqsiecsLi7
Very proud to support @citrea_xyz in their vision of offering a rollup on top of bitcoin without compromising on decentralization and security! We've been impressed by their technical acumen, execution and grand vision and are looking forward to what their future will bring. https://t.co/3UUJG4xYP0

Nitro Labs, a Solana scaling infrastructure developer, has successfully raised $4 million in seed funding. The funding round was led by Lemniscap and included participation from other notable investors such as Borderless Capital and Animoca Ventures. The funds will be used to enhance the development of the Solana Virtual Machine (SVM) and improve decentralized application (dApp) performance through the Termina platform. Termina aims to provide scalable, customizable blockchain solutions to address congestion issues on Solana, allowing developers to deploy networks optimized for performance and privacy without code changes. The investment underscores confidence in Nitro Labs' ability to drive scalable Web3 growth and high-performance dApp infrastructure on Solana. Termina is also described as an SVM-as-a-Service platform.

