Coinspeaker
Orochi Network Raises $12M to Transform Blockchain Data Integrity
Orochi Network has secured $12 million in funding to advance its Verifiable Data Infrastructure, a technology designed to enhance data integrity and security in blockchain systems. This investment will enable Orochi to expand its capabilities and eliminate reliance on traditional oracles.
Presto Labs, Smape Capital, Anti Capital, Maxx Capital, Bolts Capital, Aza Enterprises, Connectico, Kyros Ventures, and Titans Ventures are among the top investment firms participating in the funding round.
Additionally, Orochi has gained support from the broader tech community through grants from the Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain, further validating its technological vision.
Expanding a Verifiable Data Infrastructure for Web3
The network aims to tackle the reliance on oracles by creating a unified ecosystem that eliminates the need for the tool entirely. Orochi’s infrastr
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