🚀 **Web3 News!**

- **Initia** raised $14M in Series A round led by Theory Ventures. 🎉

- The startup is developing an L1 blockchain and a system of interconnected L2s.

- Investors include Keone Hon (Monad Labs), Bryan Pellegrino (LayerZero), and Michael Egorov (Curve Finance).

- Testnet completed with 125M transactions and 3M unique wallets.

- Mainnet to launch in the next 2 months. 🌐

#Web3#Initia #CryptoNews