According to Odaily Planet Daily, second-layer network development company Ithaca announced the completion of a new round of financing of US$20 million, with Paradigm participating in the investment. Paradigm's CTO Georgios Konstantopoulos will serve as the company's CEO.
The new funds will support Ithacaâs launch of its Layer 2 blockchain âOdyssey,â which has already begun running on testnet.