🎉 Initia has just secured $14.00M in its latest funding round! 🎉

🔹About: Initia designed to enhance interoperability and simplify the development of decentralized applications. It combines Layer 1 (L1) and Layer 2 (L2) functionalities to create a modular rollup network, enabling seamless cross-chain interactions and data exchanges. By leveraging Cosmos’ Inter-Blockchain Communication (IBC) protocol, Initia integrates with various Cosmos-related entities and the Celestia ecosystem. This integration allows Initia to support multiple independent rollup chains, known as Minitias, which provide diverse products and services within its ecosystem. The project has garnered significant attention and investment, raising $22.5 million in multiple funding from notable investors like Delphi Ventures and Binance Lab. Initia’s plug-and-play facilities lower the barrier for developers, accelerating the deployment of application-specific blockchains. As the ecosystem evolves, Initia aims to become a pivotal part of the modular blockchain landscape, fostering innovation and collaboration across different networks. With its robust infrastructure and strategic partnerships, Initia is poised to make a substantial impact on the future of blockchain technology.🚀🌐

🔹 Lead Investors: Binance Labs, Delphi Ventures, Theory VC, Big Brain Holdings and many more.

🔹 Total Raised: $22.50M.

🔹 Project Category: Modular Chain, Interoperability.

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