Boost

DeFi

Million

Today, <a href="https://www.enso.finance/" target="_blank" rel="noopener noreferrer nofollow">ENSO</a>, the first intent engine in the world driving chain abstraction and an intent-centric future, announced the successful completion of a funding&nbsp;round valued at over $4.2 million. The funds&nbsp;will go towards&nbsp;the&nbsp;ongoing product development, with the goal of launching their L1 cosmos-based blockchain this year.
Ideo Ventures, Hypersphere, and 60+ angels from: Safe, Socket, Titan, Essential, Sygnum, TheGraph, Alchemix, Biconomy, Yearn, Squid, Liquity, Pendle, Everclear, Flashbots, Dune, and many more participated in the round.
In the last year, approximately $11 billion in on-chain settlements have been made possible by ENSO tooling, supporting over 35 active projects. With this financing, ENSO can further support the growth of its infrastructure capabilities and blockchain and DeFi application uptake.
Connor Howe of ENSO stated:
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
 “We’re thrilled to have the support of Ideo Ventures, Hypersphere, and an exceptional group of angels as we embark on our next phase of growth. This funding validates our vision to transform blockchain interactions and underscores the confidence in our technology from both institutional backers and the angels involved.”
</blockquote>
ENSO is the connectivity layer of crypto, connecting&nbsp;all ecosystems into a single network, letting users and application developers specify their intended results as intents, and enabling the creation of truly&nbsp;composable&nbsp;applications without the need for labor-intensive manual integrations.

ENSO Raises $4.2 Million Funding to Boost Ongoing Product Development

TheNewsCrypto

Artikel lain yang dipublikasikan pada 25 Jun 2024

CBUAE Issues Sandbox Regulation to Attract Startups and Foster Innovation

Germany’s Government Sells 900 BTC Amid Cryptocurrency Volatility

Court Greenlights FTX Bankruptcy Vote Plan Despite Opposition

Players Earn Smooth Love Potion (SLP) in Axie Infinity Game

Near Protocol, Bitcoin Cash Lose Investors As Analysts Predict MoonBag Coin to Reach $1 by 2025

MoonBag Coin Presale Soars Past Arweave & NotCoin's Failures, Raises $2.9M In Just Over 1 Month

Bergabunglah dengan buletin gratis kami untuk pembaruan kripto harian!