Odaily News Shared security network IMUA announced the completion of a $5 million seed round of financing, led by Draper Dragon, No Limit Holdings, and Paramita Capital, with participation from Reforge Capital, Caladan Capital, Tané Labs, Syntax Capital, MH Ventures, 57 Blocks, and Lecca Ventures. The new funds will be used to develop new technologies to bundle the decentralized security and trust of blockchains such as Bitcoin, Ethereum, XRP, and Solana and expand them into a service to protect secure transactions on off-chain networks such as AI agents. Currently, the IMUA public testnet is online.
It also claims that it will soon open a community round in a similar format to the seed round, allowing more people involved in the game to help bring IMUA to the market.