Layer1 public chain Radix receives $10 million investment from DWF Labs
ChainCatcher news, Layer1 public chain Radix announced the completion of a $10 million financing round, fully invested by DWF Labs, with a post-investment valuation reaching $400 million. Radix CEO Piers Ridyard stated that DWF has already provided $8 million in funding, with the remaining $2 million to be provided in the near future.
It is reported that Radix has its own consensus system and execution environment, expected to launch its mainnet named Babylon in the second quarter of this year. (source link)
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