PANews reported on July 2 that according to The Block, blockchain company OpenLedger raised $8 million in a seed round led by Polychain Capital and Borderless Capital. Other participants include HashKey Capital, Finality Capital, Hash3, STIX, MH Ventures, Sreeram Kannan of EigenLayer, Sandeep Nailwal of Polygon, and Kenny Li of Manta. OpenLedger focuses on building permissionless and data-oriented infrastructure for artificial intelligence development. The company plans to use this financing to expand the team and strengthen the data pipeline infrastructure, and is expected to launch the mainnet next quarter.
