Router Protocol, a project aimed at connecting multiple blockchains, has raised a $4.1 million funding round.Router, which raised $485,000 of seed funding last year, now has the backing of Coinbase Ventures, QCP, De-Fi Capital, Polygon, Wintermute, Shima, Woodstock and Bison Ventures.As the blockchain universe matures, liquidity is at risk of being fragmented across a raft of … [Read more...] about Router Protocol Raises $4.1M to Bridge EVM and Non-EVM Chains
EVM
Polygon launches EVM scaling solution Miden
Polygon has unveiled Miden, an Advanced zk-STARKs based scaling solution intended to address the issues of network congestion on the Ethereum blockchain. Developers don’t need to be a cryptographer or have any understanding of what zero-knowledge proofs are to use it. From the end-user’s perspective, Miden is nothing more than a regular stack-based virtual machine with linear … [Read more...] about Polygon launches EVM scaling solution Miden
Neon Labs Raises $40M to Bring EVM Functionality to Solana
According to a Neon Labs press release, the raise was conducted via a token sale and “will be used to rapidly scale the Neon Labs team in categories spanning research, core development, marketing and business development,” as well as on a grants program. Source link … [Read more...] about Neon Labs Raises $40M to Bring EVM Functionality to Solana
Telos raises $8M funding before EVM launch to avoid token sales
Blockchain platform Telos raised $8 million in funding led by ConsenSys and Polygon investor John Lilic. The funding was secured right before the launch of Telos’ Ethereum Virtual Machine (EVM) platform, ending the company’s ongoing streak of bootstrapped initiatives.Telos aims to redirect the recently secured capital on the platform’s development and marketing in addition to … [Read more...] about Telos raises $8M funding before EVM launch to avoid token sales
Crypto.com unveils EVM blockchain functionality and related fund
In the coming months, Crypto.com’s blockchain will let projects built on Ethereum transfer over to its ecosystem via Ethereum Virtual Machine, or EVM, compatibility. The company also unveiled a related fund to bolster interested projects.According to a Friday public statement from the company provided to Cointelegraph, the EVM feature goes live on the Crypto.org blockchain on … [Read more...] about Crypto.com unveils EVM blockchain functionality and related fund