According to ChainCatcher, Manta Foundation announced a strategic investment in the chain abstraction liquidity aggregation protocol CYCLE NETWORK. The specific amount of financing was not disclosed. Other investors include Summer Ventures, Vertex Ventures, etc. CYCLE NETWORK applied for the Manta Foundation's $50 million ecological fund.

Previously, CYCLE NETWORK was selected as a Binance Labs Season 7 incubation project in July this year.