Ethereum L2 Morph completes $20 million seed and angel round financing, led by Dragonfly Capital

2024-03-20 19:38:31

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ChainCatcher news, Ethereum L2 Morph announces the completion of a $19 million seed round financing, led by Dragonfly Capital, with participation from Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures, and Everyrealm.

In addition, Morph also secured $1 million in angel round financing, with investors including founders from projects such as Polygon, Manta, Galxe, Sei, Nansen, Story Protocol, as well as KOLs like Icebergy, MoonOverlord, NaniXBT, and Dingaling. Morph plans to use this round of financing to accelerate team building, enhance developer incentives, and expand marketing efforts.

As an Ethereum Layer 2 solution, Morph aims to provide project founders with one-stop development tools and solutions. Morph is built on three key technologies: decentralized sequencer, Optimistic zkEVM integration, and modular design.

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Morph Dragonfly Capital Seed Round

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