Engaging Title: Mystiko.Network Secures 18M USD Funding for Web3 Advancement

Mar 20, 2024

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Web3 Base Layer – Mystiko.Network Completed a 18 Million USD Seed Funding Round

Summary

Mystiko.Network, a prominent Base Layer of Web3, successfully closed an 18 Million USD seed funding round with notable investors, showcasing significant growth and adoption within the blockchain ecosystem.

Introduction

Mystiko.Network recently secured a substantial seed funding round of 18 Million USD, spearheaded by Sequoia Capital India/SEA (now Peak XV Partners), with support from renowned entities like Samsung Next, Hashkey, Mirana, and notable individuals including Naval Ravikant and Sandeep Nailwal.

Main Points

Within a short span, Mystiko V1 mainnets have facilitated over 134 Million USD in transaction volume across 5 distinct layer1/layer2 blockchains, with a notable user base exceeding 54,000 active onchain users. The platform has also been involved in prestigious initiatives like Binance MVB, Chainlink Startup, Polygon Ecosystem, and Coinlist Seed.

Mystiko.Network serves as the foundational layer for WEB3, offering the versatile Mystiko SDK equipped with features such as scalability, interoperability, privacy, and AI integration for various blockchains and decentralized applications simultaneously.

Conclusion

The successful completion of the 18 Million USD seed funding round highlights Mystiko.Network’s rapid evolution and widespread adoption, positioning it as a key player in the blockchain space. To learn more about Mystiko.Network, visit their website and explore their innovative solutions for the future of Web3.



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This HTML markup provides a concise and engaging summary, introduction, main points, and conclusion of the article about Mystiko.Network’s recent accomplishment in completing a substantial seed funding round.

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