Crypto Payments Specialist Baanx Raises $20M Funding Round
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
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Fundraise
The Series A investment round included Ledger, Tezos, Chiron and British Business Bank.
The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.
The company said that its initial target for the funding round was $35 million.
Participants in the raise include Wintermute and Amber, in addition to other notable liquidity providers.
The fundraise was led by Polychain Capital and Hack VC and included contributions from Framework Ventures, Polygon Ventures, Castle Island Ventures and OKX Ventures.
The 2.8 million-euro fundraise comes from PreSeed Ventures, Morph Capital, The Aventures Fund, Funfair Ventures and Delta Blockchain Fund.