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Crypto-focused MPC developer raises $40M

09/27/2022

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2022.09.27 14:32

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Crypto-focused MPC developer raises $40M

Multi-party computation (MPC) developer MPCH Labs has concluded a Series A funding round totaling $40 million ahead of the planned launch of its Fraction digital asset operating platform later this year.

The funding round was led by Liberty City Ventures, the same venture studio that incubated MPCH Labs, with additional participation from QCP Capital, Global Coin Research, Polygon Studios, Quantstamp, LedgerPrime, Animoca and others. To date, MPCH Labs has raised $50 million in venture financing.

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09/27/2022

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