Fantom Foundation Completes $10 Million Strategic Financing, Led by Hashed

Odaily News The Fantom Foundation announced the completion of a $10 million strategic financing led by Hashed, with participation from UOB Ventures, Signum Capital, SoftBank, Aave Foundation, etc. This round of financing will be used to support the Sonic Foundation, as well as strategic growth and ecosystem development, with a particular focus on enhancing the liquidity of automated market makers and money market blue chip pools. This move is intended to attract users from Ethereum and other layer 2 networks. (Theblock)