The parallel MPC network Ika has received strategic investment from the Sui Foundation, with total financing exceeding 21 million USD
ChainCatcher news, according to official information, the parallel MPC network Ika has announced a strategic investment from the Sui Foundation.As a result, Ika has raised over $21 million in funding, with a peak valuation of $600 million FDV during the private placement stage, and has received support from dozens of institutions in the Web3 space, including the Sui Foundation, DCG, Big Brain Holdings, Blockchange, Node Capital, Amplify Partners, Liquid2 Ventures, FalconX, Tykhe Block Ventures, Lightshift, Token Bay Capital, Collider, Zero Knowledge Ventures, NoLimit Holdings, Rubik Ventures, Dispersion Capital, Insignius Capital, Impatient Ventures, Cerulean Ventures, Earl Grey Capital, HDI Ventures, Flowdesk, TPC Ventures, Purechain Capital, Solr DAO, Heroic Ventures, as well as Naval Ravikant, NotVCs, G-20 Group, Artifact Capital, DSRV, Encapsulate, and others.It is reported that Ika is a parallel MPC network that offers sub-second latency, high scalability, decentralization, and zero-trust security, and will soon launch on the Sui blockchain.