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On-chain DA project Hyve closes $1.85M seed round led by Lemniscap

On-chain DA project Hyve closes $1.85M seed round led by Lemniscap

Bitget2024/10/17 13:34

On October 17th, Hyve, an on-chain data availability (DA) project, announced the completion of a $1.85 million seed round led by Lemniscap with participation from Paper Ventures, Frachtis and others. Hyve's solution, HyveDA, is said to be a completely license-free data availability layer currently supported to provide throughput of 1 GB per second.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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