Binance Labs and CoinFund co-led a successful $10 million funding round for the Cosmos-based smart contracts platform Neutron. Delphi Ventures, LongHash, and Nomad also joined the seed round.
Neutron, which launched its mainnet earlier this year in May, will use the funds to develop and promote its software and drive adoption of its layer-2 solutions and appchains. The platform features a Replicated Security layer that makes it easy for developers to create consumer chains in the Cosmos ecosystem.
The native token of Neutron, NTRN, is currently trading at around $0.00088964.
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