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Ethereum L2 network Corn completes $6.7 million financing, led by Polychain Capital
2024-08-20 14:21
Odaily News Corn, an Ethereum L2 network, has raised $6.7 million in funding, led by Polychain Capital, with participation from Binance Labs, Framework Ventures, OKX Ventures, HTX, Ventures and Relayer Capital. The project aims to enhance the utility of Bitcoin and introduce new opportunities for generating revenue. Corn is a new Ethereum L2 network that uses a tokenized Bitcoin BTCN as the network's gas fee and economic incentive. Chris Spadafora, founder of Corn and BadgerDAO, said Corn was launched on August 19 to enhance the utility of the world's first cryptocurrency and introduce new opportunities for generating revenue.