Towns raises $25.5M in a Series A funding round

#Towns secures $25.5M in a Series A funding round from a16z crypto, Benchmark and Framework. Towns will use raised funds to scale their team and continue building out the Towns platform and its underlying #RiverProtocol. The funding round brings Towns' total funding to $51M.

Towns is an on-chain messaging platform that provides community builders with a comprehensive platform that features on-chain ownership and actions, smart contract composability, end-to-end encryption, complete decentralization and open-source code.

👉 finance.yahoo.com/news/exclusive-towns-raised-25-5-123000170.html?guccounter=1