Kroma's Series A Funding Round Secures Investment for Web3 Accessibility

IconCryptoNewsTerminal Staff02 Sep, 2024

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Kroma's Series A Funding Round Secures Investment for Web3 Accessibility

Kroma, an Ethereum Layer 2 network, has recently closed a Series A funding round, attracting investments from reputable venture capital firms. The funds raised will be instrumental in advancing Kroma's mission to democratize Web3 through the development of innovative Layer 2 solutions based on the Consensus Tachyon protocol. This strategic funding round will empower Kroma to further enhance the accessibility and usability of decentralized applications, empowering developers and users alike to harness the transformative potential of Web3. As a result, Kroma is poised to play a pivotal role in driving the mass adoption of Web3 technologies and reshaping the future of the digital landscape.