Cytonic Secures $8.3 Million Seed Funding To Solve Blockchain Compatibility

Q: How long will it take to read this news story?

The story "Cytonic Secures $8.3 Million Seed Funding To Solve Blockchain Compatibility" has 663 words across 37 sentences, which will take approximately 3 - 6 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Cytonic Secures $8.3 Million Seed Funding To Solve Blockchain Compatibility" was covered 2 weeks ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

Q: How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news. The outlet is headquartered in United Arab Emirates and publishes an average of 12 news stories per day. It's most recent story was published 11 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #23461516</li><li>URL: https://beamstart.com/news/cytonic-secures-83-million-seed-17309872694608</li></ul>

TheNewsCrypto 2w ago

Cytonic Secures $8.3 Million Seed Funding To Solve Blockchain Compatibility - TheNewsCrypto

Quick Summary:

Cytonic, the world’s first multi-virtual-machine blockchain, today announced it has raised $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors.

Cytonic is tackling these compatibility issues head-on, breaking down the silos between blockchains while promoting greater collaboration, innovation, and adoption across the Web3 space.

Ivan, former Executive at Spin Labs, along with his co-executives—Chelsea, former Partner at Foresight Ventures, and Badconfig, former Senior Engineer at Faraway—have years of experience building and investing in decentralized technologies across Bitcoin, Ethereum, Solana, Near, and other notable projects.