According to Foresight News, the Pyth Data Association, a non-profit organization focused on the development of the oracle project Pyth Network, has completed financing, with Castle Island Ventures, Multicoin Capital, Wintermute Ventures, Borderless Capital, CMT Digital, Bodhi Ventures, Distributed Global and Delphi Digital participating. Michael Cahill, CEO of Pyth developer Duoro Labs and director of Pyth Data Association, said that new partners have received PYTH token allocations. This round of financing will expand the Pyth community to new stakeholders and individuals who promote decentralized capital markets. New stakeholders will help the network grow by increasing access to new sources of capital, participating in governance and protocol improvements, and strategic guidance.