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ParaState, The Ethereum-Polkadot Bridge Project, Closed $1.3 Million In Seed Round Funding

Mary Liu

Summary: ParaState, a blockchain project that aims to bridge Ethereum and Polkadot, announced that it has raised $1.3 million in seed round funding. It is reported that the company is valued at $12 million. The seed round was led by CMS Trading, with participation from Kenetic Capital, FBG Capital, and JRR Capital. Co-founder Marco Chen said: ...

ParaState, a blockchain project that aims to bridge Ethereum and Polkadot, announced that it has raised $1.3 million in seed round funding.

It is reported that the company is valued at $12 million. The seed round was led by CMS Trading, with participation from Kenetic Capital, FBG Capital, and JRR Capital.

Co-founder Marco Chen said: "We aim to bridge the application and developer ecosystem between Ethereum and Polkadot."

By Mary Liu

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Link: ParaState, The Ethereum-Polkadot Bridge Project, Closed $1.3 Million In Seed Round Funding   [Copy]
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