Arcana Network, a blockchain startup, has brought $2.3 million up in a round drove by Republic Crypto and Woodstock Fund.
Advanced Currency Group (DCG), Hyperedge, Sahil Lavingia’s shl.vc, Fenbushi Capital, LD Capital, and Paradigm Shift VC have additionally taken part in the round.
The new round comes soon after 90 days when it raised a $375K seed round drove by Balaji Srinivasan and different financial backers.
As per Arcana, the new capital will be utilized to extend its crew, reinforce its item portfolio and to dispatch Arcana’s XAR token.
Established by Mayur Relekar, Aravindh Kumar and Abhishek Chaudhary in 2019, Arcana offers a decentralized stockpiling and information protection stage for Ethereum and EVM viable application designers.
The startup had as of late declared a shortlist for designers and asserted hundreds have joined the line to get their hands on its SDK.
