BlockBeats news, on December 13, the decentralized smart contract platform Waterfall Network announced the completion of a new round of financing of $11.6 million, with participation from Bolt's Capital, Alpha Token Capital, and Enflux. This new funding will be used to strengthen the platform's infrastructure through node simplification and further improvements.

According to previous reports, Waterfall Network has completed a $2 million Pre-A round financing, led by ByteTrade Lab.