⚡️ Blast has announced the closure of its $20M investment round

Blast, an L2 with native yield for ETH and stablecoins, goes live in the early access stage with $20M raised from Paradigm and Standard Crypto. Additional round participants included eGirl Capital, Santiago R. Santos, and many other individual investors. Blast was built by the developer of Blur and a team with experience across MakerDAO, MIT, Yale, Seoul National University. The project has also kicked off its early access, allowing users to bridge & earn yield (4% for ETH + 5% for stablecoins) and Blast Points ahead of the Mainnet launch in February 2024.

#fundraising #Funding #Layer2 #Blast #Paradigm