The Web3 foundational layer, Mystiko.Network, successfully wrapped up an $18 million seed funding round.
BVI, BVI, March 20th, 2024, Chainwire
With $18 million raised in its seed funding, Mystiko.Network, a leading Web3 Base Layer, attracted investments from Sequoia Capital India/SEA (now branded as Peak XV Partners), along with major players like Samsung Next, Hashkey, Mirana, Signum, Coinlist, and prominent figures such as Naval Ravikant and Sandeep Nailwal.
In under a year, Mystiko V1's mainnets have successfully facilitated more than $134 million in transaction volume, processing over 214,000 transactions across five unique layer 1 and layer 2 blockchains, while boasting over 54,000 distinct active on-chain users.
Previously, Mystiko.Network has been privileged to participate in notable initiatives, including Binance MVB, Chainlink Startup, Polygon Ecosystem, and Coinlist Seed.
About Mystiko.Network
As the cornerstone of WEB3, Mystiko.Network features the Mystiko SDK—a universal ZK SDK that incorporates scalability, interoperability, privacy, and AI capabilities for all blockchains and decentralized applications simultaneously.
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