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Cryptocurrency News

StarkWare nets $100M as investors bank on layer-2 success

05/25/2022

Less than a minute

2022.05.25 18:06

Ethereum (ETH) layer-2 developer StarkWare has raised a further $100 million in its latest fundraising round despite the prevailing downturn in cryptocurrency markets.

StarkWare’s series D fundraising round sees the firm’s valuation up to $8 billion, marking a four-fold increase in value just six months after its Series C round in November 2021. Tech investment firm Greenoaks Capital led the latest fundraising round in addition to private equity firm Coatue, Tiger Global and other investors.

Source

05/25/2022

Less than a minute