Sheldon Reback is a CoinDesk news editor based in London. He owns a small amount of ether.
The money will help in the development of its faster version of the Ethereum blockchain that is compatible with existing DeFi applications.raised $225 million
in a funding round led by Paradigm that will allow it to add staff and spend on bringing the test version of its blockchain into production. that executes the rules of Ethereum and makes sure submitted transactions and smart contracts follow the rules.
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