Blockless Raises $8 Million in Funding to Spur Decentralized Infrastructure

IconCryptoNewsTerminal Staff21 May, 2024

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Blockless Raises $8 Million in Funding to Spur Decentralized Infrastructure

Blockless, a decentralized infrastructure network project, has secured $8 million in a pre-seed and seed funding round. The funding round comprised a $3 million pre-seed round led by NGC Ventures and a $5 million seed round co-led by M31 Capital and Praxsys. No Limit Holdings, MH Ventures, Interlock Ventures, and Plaza Capital also participated in the funding round. With the capital injection, Blockless plans to launch its testnet in the coming weeks, aiming for a Q3 mainnet launch alongside its BLESS token.