Investment giant sequoia and crypto firm dragonfly_xyz co-led funding rounds for Web3 infrastructure provider Calderaxyz. BrandyBetz reports
Caldera, which provides infrastructure for Web3 applications, has raised $9 million across two funding rounds led by traditional finance giant Sequoia Capital and crypto-native firm Dragonfly.
Caldera allows app developers to launch and run dedicated layer two blockchain “rollups” – lightweight, customizable blockchains that inherit security from another blockchain such as Ethereum but offer faster speeds and lower fees for an app’s transactions.
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