Offchain Labs raises $3.7 million to develop Layer 2 scaling solution

Submitted by Anonymous (not verified) on Thu, 04/04/2019 - 06:33

Offchain Labs, a New Jersey-based startup that aims to make smart contracts more private, secure, and scalable using a combination of protocol design, incentives, and virtual machine architecture, today announced it has raised a $3.7 million USD seed round led by Pantera Capital....