According to ChainCatcher, The Block reported that on-chain data developer Irys has completed $8.9 million in financing, led by Lemniscap, with participation from Framework, Primitive Ventures, Hypersphere, Permanent Ventures, etc.
It is reported that Irys has expanded its services beyond bundled transactions to increase storage throughput to develop scalable on-chain data. In addition, the platform is building infrastructure to track and verify data to combat digital misinformation.
