Cryptocurrency infrastructure company Valory has completed a $4 million seed round financing, led by True Ventures

ChainCatcher news, according to siliconangle, the crypto infrastructure company Valory announced the completion of a $4 million seed round financing, led by True Ventures, with participation from Signature Ventures, Semantic Ventures, Prime Block Ventures, Proof Group, and Atka.

It is reported that Valory was launched in mid-2021, aiming to help developers build applications that support off-chain protocols through true "autonomy" (i.e., ensuring transparency and reducing human intervention), which means supporting decentralized properties that run on-chain while efficiently executing certain operations and data not recorded on the blockchain off-chain. (source link)