Vavada Banner
BTC $78,194.00 (+0.08%)
ETH $2,327.51 (-0.92%)
XRP $1.41 (-1.30%)
BNB $628.23 (-0.68%)
SOL $85.59 (-0.98%)
TRX $0.33 (+0.64%)
DOGE $0.10 (+0.34%)
HYPE $42.75 (+3.68%)
LEO $10.36 (+0.68%)
ADA $0.25 (-1.76%)
BCH $454.49 (+0.57%)
XMR $387.58 (+0.16%)
LINK $9.36 (-1.33%)
ZEC $360.29 (+1.28%)
CC $0.15 (-0.93%)
XLM $0.17 (-2.32%)
M $4.00 (-8.66%)
LTC $55.88 (-0.27%)
AVAX $9.29 (-1.93%)
HBAR $0.09 (-1.91%)

Gear Technologies raises $12 million to boost smart contract development on Polkadot

Twitter icon  •  Published hace 4 años on December 22, 2021  •  Hassan Maishera

Gear Technologies raises $12 million in a funding round to boost smart contract development on the Polkadot ecosystem

Gear Technologies raises $12 million to boost smart contract development on Polkadot

Gear Technologies announced a few hours ago that it had raised $12 million in its latest funding round. The funds would be used to boost smart contract development on the Polkadot blockchain. 

Gear Technologies is a smart-contract layer that supports the Polkadot blockchain framework. The latest funding round was led by Blockchange and a host of other venture capitalists including Three Arrows Capital, Lemniscap and Distributed Global. This latest development comes just a few days after the first parachains launched on the Polkadot network.

DOT, the native coin of the Polkadot ecosystem, is trading above $24, up by less than 1% over the last 24 hours.

Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
Next article Litecoin Hit by Coordinated MWEB Exploit Triggering Chain Reorg and Double-Spend Attacks
OKX Banner

Author

Read Hassan Maishera's articles →
Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.

Editorial Standards Corrections & Retractions Policy About
Follow us on Google News
BC.game Banner
OKX Banner