ecosystem accelerator Colony has raised $18.5 million in seed investments to bootstrap the following era of Avalanche blockchain initiatives, underscoring heightened demand for the proof-of-stake ecosystem.
The funding spherical was led by the Avalanche Basis, a corporation overseeing ecosystem improvement grants, with extra participation from Shima Capital, HashKey, GBV Capital and Bixin Ventures. Members of the Avalanche group additionally participated within the seed spherical.
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