The investment round is aimed at accelerating Asia-based growth for Mina, described as “the world’s lightest blockchain." O(1) Labs, the team behind the Mina blockchain, has raised $10.9 million in a strategic investment round from partners based throughout Asia. Bixin Ventures and Three Arrows Capital co-lead the investment round.
The funding is aimed at advancing O(1) Labs’ goal of ushering in a new era of accessible blockchain technology, using what it describes as the world’s lightest blockchain.
Info link:
https://decrypt.co/45796/o1-labs-investment-round-raises-10-9-million-for-mina-blockchain