Fantom Foundation announced the closing of a $10 million strategic funding round led by Hashed with participation from UOB Ventures, Signum Capital, SoftBank, Aave Foundation and others. Funds raised from this round will be used for strategic growth and ecosystem ascension support alongside the Sonic Foundation, with a particular focus on increasing liquidity for Automated Market Makers and blue chip pools in the coin market. The move aims to attract users from Ethereum and other Layer 2 networks. (Block)
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