Venom Foundation Invests $5M in Everscale

Summary

Venom.Foundation shares news of a strategic partnership between Venom Ventures Fund and Everscale, backed by a $5 million investment. The collaboration aims to strengthen core technology and the ecosystem, with potential benefits for blockchain scalability and Web3 innovation.

✨ The VenomFoundation Is pleased to join forces with Everscale to enhance its core technology and ecosystem. The partnership presents an opportunity for both organizations to collaborate on innovative updates and sophisticated solutions.

Learn more on this partnership here: https://cointelegraph.com/press-releases/venom-ventures-fund-commits-5m-strategic-investment-in-the-everscale-blockchain

Venom Ventures Fund commits $5M strategic investment in the Eversca...

Venom Foundation Invests $5M in Everscale
Venom Ventures Fund, a Web3 and blockchain innovation fund managed by Abu Dhabi-based investment fund manager Iceberg Capital, has announced a strategic partnership with Everscale, a premier blockchain that aims to solve the scalability issues bogging down the Web3 industry

The latest from Venom.Foundation

Venom Completes Migration to Faster New Mainnet

Venom Foundation announces the completed migration to a faster, more secure mainnet with improved tools for builders and expanded scalability. The update also explains that …

Venom Migration Starts: 24-Hour Protocol Move

Venom Foundation announces the start of a 24-hour migration to its next-generation protocol. The migration window will last 24 hours and the portal has been …

ChainConnect Restored — Venom Foundation Update

Venom Foundation announces that the ChainConnect Bridge has been secured, vetted, stress tested, and restored to full functionality. The vulnerability was isolated to ChainConnect and …

Venom Quiz Tomorrow — Win $USDT & XP

In the Venom Foundation server we’re hosting a live Venom & crypto quiz on Sep 9 at 16:00 UTC. Participants compete in real-time via QuizBot …