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Ethereum SKALE Network's Funding Round Raises $17.1 Million | coin❖trellis

Ethereum SKALE Network’s Funding Round Raises $17.1 Million

Ethereum’s scaling platform, SKALE Network, has reportedly raised $17.1 million in a recent funding round for the launch of its mainnet. The company has indicated that this is Ethereum’s best chance of beating other smart contract platforms.

SKALE Adds More Investors

Backed by US-based SKALE Labs and NODE Foundation of Licheinstein, the platform now has around 40 investors. The investors are from different parts of the globe, which include the US, EU, Korea, Hong Kong, Singapore, and Japan. The financing round consists of $10 million from SKALE Labs as well as its recent financing of $7 …

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