Validation Cloud raises $5.8M in funding for its Web3 technology platform.

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Cointime2024/03/01 00:31

By:Cointime

Swiss Web3 tech company, Validation Cloud, has secured $5.8 million in its inaugural funding round. The investment was led by Cadenza Ventures, with participation from Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital. The funds will be used to expand the company's operations and development efforts. Validation Cloud's innovative system architecture, dubbed the "Cloudflare of Web3," provides scalable and intelligent Staking, Node API, and Data services, supporting a range of ecosystems from established networks like Chainlink and Hedera to emerging ones such as Aptos, Eigenlayer, and Berachain, laying the groundwork for enterprise adoption.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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