Coinspeaker
Versatus Labs Raises $2.3M to Bring World’s First Stateless Rollup
On Wednesday, December 6, peer-to-peer Web Services protocol Versaturs Labs announced its successful fundraising of $2.3 million with key investors being Republic Crypto and NGC Ventures. The fundraise happens at the company’s valuation of $50 million. Also, it will help the Versatus Labs launch Versatus LASR, the world’s first Stateless Rollup.
Versatus has successfully secured a cumulative funding of $3.7 million, receiving support from notable backers such as Jump Crypto, BigBrain Holdings, NGC Ventures, Republic Crypto, Taureon Group, and Hyperithm. The platform has established strategic partnerships with EigenLayer, a data availability service, Stader Labs, a liquid staking platform, and Anagram, a Web3 venture.
Versatus, established by Andrew Smith, a veteran of Distributed Systems, is breaking new ground in decentralized verifiable compute innovation. The platform facilitates a smooth transit
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