Layer 2 project Enphyr completes US$1 million in seed round financing, led by Waveslab Ventures

Odaily News Layer 2 solution Enphyr received US$1 million in investment in a recent round of seed financing, valuing the company at US$10 million. This round of financing was led by Waveslab Ventures, with participation from a number of important private investors. Enphyr said the funds will be used to expand the team, explore strategic partnerships, and strengthen engineering projects to accelerate the realization of more application scenarios for its protocol infrastructure. Enphyr aims to leverage Ethereum’s security to build next-generation applications. (globenewswire)