Coinspeaker
Ethereum Layer-2 Solution Scroll Secures $50 Million in Fresh Funding
On Monday, March 6, the Ethereum Layer-2 network Scroll which uses zk-roll-ups technology raised more than $50 million in its latest funding round.
some of the top venture capital giants participated in the latest funding round including Polychain Capital, Sequoia China, Bain Capital Crypto, Moore Capital Management, Variant Fund, Newman Capital, IOSG Ventures and Qiming Venture Partners.
Scroll hasn’t disclosed many details about the structure of the funding round or the platform’s valuations. However, a source familiar with the matter told crypto publication The Block that the latest funding took place at $1.8 billion valuations.
During its two previous funding rounds, Scroll secured $33 million in funding. However, the Ethereum Layer-2 platform didn’t disclose its valuations back then as well! With the latest funding round, Scroll has raised a total funding of $83 million to date.
Ethereum’s
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