SVM Layer1 blockchain Fogo completes $8 million financing, led by The Echonomist
ChainCatcher news, according to TheBlock, the SVM Layer1 blockchain project Fogo has completed a $8 million financing round, led by The Echonomist, with participation from 4 CMS Holdings, Big Brain Collective, and Patrons.
It is reported that the Fogo chain is a new Layer 1 blockchain based on the Solana Virtual Machine (SVM), which completed a $5.5 million seed round financing last month, with Distributed Global leading the seed round with $5 million.
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