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Open source economic infrastructure Merit Systems completes $10 million seed round of financing, led by a16z crypto and others

2025-01-17 03:11

Odaily News Merit Systems, an open source economic infrastructure, has completed a $10 million seed round of financing, led by a16z crypto and Blockchain Capital, with participation from Solana co-founder Toly, Not Boring Capital founder Packy McCormick, Farcaster co-founder Dan Romero, and Framework Ventures co-founder Vance Spencer. The funds raised will be used to accelerate the development of the open source economy.