Web3 infrastructure layer Mystiko.Network completes $18 million seed round financing, led by Peak XV Partners

2024-03-21 08:10:08

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ChainCatcher news, according to Chainwire, the Web3 infrastructure layer Mystiko.Network has completed a $18 million seed round financing, led by Sequoia Capital India/SEA (now known as Peak XV Partners), with participation from Samsung Next, Hashkey, Mirana, Signum, Coinlist, Naval Ravikant, Sandeep Nailwal, Gokul Rajaram, Tribe Capital, Morningstar Ventures, and others.

It is reported that Mystiko.Network is the infrastructure layer for Web3. The Mystiko SDK is a universal ZK SDK that provides scalability, interoperability, privacy, and artificial intelligence for each blockchain/dapp. In less than a year, the Mystiko V1 mainnet has supported over $134 million in transaction volume, facilitated 214,000 transactions across 5 different layer1/layer2 blockchains, and has 54,000 unique active on-chain users. Previously, Mystiko.Network was also selected to participate in projects such as Binance MVB, Chainlink Startup, Polygon Ecosystem, and Coinlist Seed.

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