Published 2 years ago

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

Summary by Ground News

StarkWare has raised a further $100 million in its latest fundraising round. Tech investment firm Greenoaks Capital led the fundraising round in addition to private equity firm Coatue, Tiger Global and other investors. StarkWare has established itself as a major player in the Ethereum layer-2 scaling space, boasting more transaction throughput than the Bitcoin network.

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Cointelegraph

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

Ethereum layer-2 developer StarkWare raises a further $100 million despite a gloomy outlook for the cryptocurrency space.

2 years ago

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NewsCrypto

StarkWare makes a $100 million profit as investors bet on layer-2 success. - NewsCrypto

Despite a bleak picture for the cryptocurrency market, Ethereum layer-2 startup StarkWare raises another $100 million. Despite the current fall in cryptocurrency markets, StarkWare, an Ethereum (ETH) layer-2 developer, has received another $100 million in its newest financing round. StarkWare’s Series D funding round brings the company’s worth to $8 billion, a four-fold rise in […]

2 years ago

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