The decentralized data composability protocol Glacier Network has completed a $2.9 million seed round financing, with participation from Foresight X and others

2023-11-13 14:16:38

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ChainCatcher news, the decentralized data composable protocol Glacier Network has completed a $2.9 million seed round financing, with participation from Foresight X, UOB Venture Management, Signum Capital, Cogitent Ventures, and Gate Labs. Glacier has received support from multiple grants including Arweave ecosystem PermaDao, Stanford Boundless Hackathon, Aptos Grant Dao, and Foresight X Accelerator.

It is reported that Glacier aims to build a composable, modular, and scalable Layer 2 data-driven network for large-scale decentralized applications and promote decentralized applications (Dapps) to create trustless data primitive use cases based on decentralized databases (DDB). By combining L2 Rollup solutions, Glacier has constructed a programmable and composable multi-chain data network, allowing developers to manage data using NoSQL GlacierDB in Arweave, Filecoin, and BNB Greenfield.

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