CoinVoice has recently learned that TON ecosystem L2 project DuckChain has completed US$5 million in financing, with participation from dao5, Offchain Labs, Kenetic Capital, DWF Ventures, Oak Grove Ventures, Skyland Ventures, GeekCartel, Gate.io and Presto.
DuckChain also announced that it will launch the Yellow Duck Mission hackathon in collaboration with partners such as Arbitrum, OKX Wallet, OnePieceLab, etc., targeting global developers and innovators to promote the birth of the next generation of decentralized applications based on the DuckChain ecosystem.
According to RootData, DuckChain is an EVM-compatible TON L2 solution powered by TONSCALE LABS and Arbitrum. The solution aims to provide unprecedented scalability and liquidity, attracting users from the EVM and Bitcoin ecosystems to join TON. [Original link]