According to Foresight News, Bitcoin data availability layer project Nubit has completed an $8 million seed round of financing, led by Polychain Capital, with participation from Nomad Capital, Spartan Group, L2IV, Big Brain Holdings, GCR, Protagonist, Gate Ventures, Animoca, Mask Network and others. The latest round of financing brings Nubit's total financing to $12 million. The team will launch the Alpha testnet in June and the mainnet later this year.
Nubit aims to develop a secure and scalable data availability (DA) layer for a multi-chain ecosystem, supporting applications including AI, SocialFi, and GameFi.
