Solana-Based Shared Sequencer Rome Protocol Secures $9 Million in Funding

Solana-Based Shared Sequencer Rome Protocol Secures $9 Million in Funding

Solana-based shared sequencer Rome Protocol has secured $9 million in a funding round led by Hack VC. Polygon Ventures, HashKey, Portals Ventures, Bankless Ventures, Robot Ventures, AlphaWave, Anagram, TRGC, and Ferrum Ventures also participated in the round. The funds will be used to integrate the Solana network's modular services with the Ethereum ecosystem. Rome Protocol is a shared sequencer that provides a decentralized and scalable way to process transactions on the Solana network. By integrating with Ethereum, Rome Protocol will allow developers to build applications that can leverage the strengths of both blockchains. This will open up new possibilities for innovation and growth in the blockchain ecosystem. The funding round is a testament to the growing interest in Solana-based projects. Solana is a high-performance blockchain that has gained popularity in recent months due to its speed, scalability, and low transaction costs. Rome Protocol is well-positioned to capitalize on the growth of the Solana ecosystem. The company has a strong team of experienced engineers and advisors, and it has already developed a number of innovative products. With the additional funding, Rome Protocol will be able to accelerate its development and bring its products to market. This will help to drive the adoption of Solana and further expand the blockchain ecosystem.