SOFTBANK MAKES A STRATEGIC BET ON WEB3 WITH INFSTONES
DALLAS, June 1, 2022 /PRNewswire/ -- Today, InfStones, a leading global blockchain infrastructure provider, announced a new funding round of $66M led by SoftBank Vision Fund 2 and GGV Capital, with participation from INCE Capital, 10T Fund, SNZ Holding, and A&T Capital. The funds will be used for enterprise-wide expansion and to accelerate growth. InfStones raised $33 million in a Series B financing this past February, bringing the company's total funding since inception to over $100 million. InfStones now nears "Unicorn-status" with this latest round of funding.
The new funding will enable InfStones to grow its team and develop more robust blockchain infrastructure solutions for global clients. The funding will also help InfStones expand into new markets, and engage in high-value partnerships, and acquisitions as they continue to expand.
"Our vision is to provide a rugged, easy-to-use Web3 environment to build a more...
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