Odaily Planet Daily News MegaETH developer MegaLabs announced the completion of a $20 million seed round of financing, led by Dragonfly, with participation from Figment Capital, Robot Ventures, Big Brain Holdings, Vitalik Buterin, ConsenSys founder and CEO Joseph Lubin, EigenLayer founder and CEO Sreeram Kannan, ETHGlobal co-founder Kartik Talwar, Helius Labs co-founder and CEO Mert Mumtaz, Santiago Santos, Hasu and Jordan Fish (also known as Cobie) and other angel investors. It is reported that this round of financing has brought MegaETH's fully diluted token valuation to at least $100 million. In addition, MegaETH's public testnet will be launched this fall, and the mainnet is expected to be launched at the end of the year. (TheBlock)
