Nubit raises $8M in a Seed funding round

#Nubit secures $8M in a Seed funding round led by Polychain Capital with participation from The Spartan Group, OKX Ventures, Primitive Ventures, Symbolic Capital, dao5, GeekCartel, Nomad Capital, and L2 Iterative Ventures. Secured funds will help Nubit to develop a secure and scalable data availability layer for multi-chain ecosystems, supporting limitless applications.

Nubit is a provider of modular blockchain solutions dedicated to enhancing the scalability of blockchain. Previously, the project secured $3M in a Pre-Seed funding round from OKX Ventures, NGC Ventures, MH Ventures, LongHash Ventures, and others.

👉 cointelegraph.com/press-releases/polychain-leads-8m-seed-round-for-nubit-to-enhance-blockchain-scalability-and-multichain-ecosystem