By CryptoNews - 6 months ago - Reading Time: 1 minutes
Initia Emerges from Stealth Mode with Pre-Seed Funding from Binance Labs
Initia, a network designed for highly interconnected modular rollups, has come out of stealth mode with a significant pre-seed investment from Binance Labs, the venture capital and incubation arm of Binance.Initia’s platform, built on Cosmos (ATOM) as a Layer 1 (L1) network, combines application-specific Layer 2s (L2) using Optimistic rollups to give developers a better way to create scalable and autonomous multi-chain systems....
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Original source: CryptoNews