Fantom Foundation Received $15 Million Investment From HyperChain
Leading digital assets management company focused on blockchain projects and decentralized protocols, HyperChain Capital invests on Fantom Foundation.
This additional backing, which follows an initial investment of $2.5 million made in 2018, reflects HyperChain’s confidence in both Fantom core technologies and the rapid adoption of Fantom by end-users and developers.
Fantom Foundation is building a highly scalable blockchain ecosystem that facilitates decentralized, scalable, and secure applications. It offers full EVM compatibility with cross-chain functionality: at present, more than 2200 smart contracts have been deployed on the platform. Transactions surpassed 150,000/day, and unique addresses are growing by the thousands.
“Fantom remains one of the most exciting and innovative projects in the industry. We’re impressed by the constant technological advancements and the expansion of business development in Asia to tackle real-world issues. Michael Kong (CEO), Quan Nguyen (CTO), and Andre Cronje give us great confidence that Fantom will continue to both innovate and pave the way for the mass adoption of blockchain-based applications.”~Stelian Balta, Fantom, CEO & Founder
Hyperchain Capital is directly involved in securing the network as well, through its subsidiary Hyperblocks
ABOUT Fantom
Fantom is a high-performance, scalable, and secure smart-contract platform. It is designed to overcome the limitations of previous generation blockchain platforms. Fantom is permissionless, decentralized, and open-source.
ABOUT HyperChain
HyperChain is a digital assets management company focused on Blockchain based projects and decentralized protocols.
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