According to Techub News, The Block reported that oracle provider Stork Network has completed a $4 million seed round of financing, led by Lightspeed Faction, with participation from Lattice, CMS and Wintermute. This round of financing will be used for product development and strengthening cooperation with Stork Perps.

Stork Network aims to create a simpler, cheaper and more flexible on-chain data open market for decentralized protocols.