Blockchain technology provider XDC Network has received a $50 million investment commitment from LDA Capital

2022-10-03 23:13:48

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According to Chain Catcher news and Yahoo Finance, blockchain technology provider XDC Network announced that it has secured a total investment commitment of $50 million from alternative investment group LDA Capital Limited to accelerate the expansion and development of Layer 2 projects within the XDC ecosystem, promote network adoption, and enhance practical utility in the real world.

It is reported that the XDC Network, launched in 2019, is a "carbon-neutral" enterprise-grade hybrid blockchain compatible with EVM (Ethereum Virtual Machine), which meets the growing demand from global financial institutions, retail users, and entrepreneurs for fast, secure, and decentralized network products through the use of XDPoS technology. (Yahoo Finance)

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XDC LDA investment and financing EVM

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