Investing.com – This week has been buzzing with activity for blockchain companies and platforms within the ecosystem, with new funding rounds, fresh analytics tools, and a spike in developer engagement.
Here’s a recap of the top stories that made headlines in this week’s digest.
Hyperbridge raises $2.5 million in funding
Blockchain company Hyperbridge has bagged $2.5 million in seed funding from the Web3 Foundation and Scytale Digital to ramp up its use of Polkadot’s architecture for decentralized applications and scalability.
The company also won a parachain slot on Polkadot, raising an additional $2.7 million through a crowd loan, which became the network’s most successful campaign of its type.
Hyperbridge develops cross-chain interoperability through a hub model, incorporating zero-knowledge technology for secure cross-chain messaging and storage.
