Blockchain startup Predicate announced the completion of a $7 million financing round, with participation from investors such as 1kx
Blockchain startup Predicate announced the completion of a $7 million financing round, with top venture capital firms such as Tribe and 1kx among the investors. The company was founded by two former employees of blockchain project Celo, aiming to help cryptocurrency companies better comply with regulatory requirements. The company's solution will be provided on Ethereum and EVM-compatible chains, with plans to expand to other blockchains in the future. Predicate is also collaborating with EigenLayer, a heavy staking network that recently completed its token issuance, to develop an operator community deploying Predicate technology using a proof-of-stake system.
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