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Mystiko Network Raises $18M in Seed Funding to Propel Web3 Innovation. 💰🤑
Mystiko Network, a pioneering force in the Base Layer of Web3, has secured an impressive $18 million in seed funding in a round led by Sequoia Capital India/SEA, now known as Peak XV Partners. This round attracted notable investors including Samsung Next, Hashkey Capital, Mirana Ventures , Signum Capital, Coinlist, and Sandeep Nailwal, co-founder of Polygon.
The funding round comes on the heels of remarkable achievements for Mystiko Network, highlighting its rapid growth and innovation. The Mystiko V1 mainnets showcased exceptional performance, boasting a transaction volume exceeding $134 million across 5 different layer1/layer2 blockchains. With an active on-chain user base of over 54,000, Mystiko Network has firmly established itself as a leader in decentralized technology.
This significant investment underscores Mystiko Network's promise to push the boundaries of Web3 technology further. As the platform continues to evolve, users can expect exciting updates and advancements in decentralized technology.
Stay tuned for more from Mystiko Network as it continues its journey to redefine the future of decentralized finance and beyond! 🚀🪙
