Thursday, Oct. 31
Termina, SVM-as-a-Service Platform by Nitro Labs, Raises $4M in Seed Round
As a seasoned crypto investor with a knack for spotting potential and a penchant for blockchain innovation, the news about Termina, the SVM-as-a-Service platform by Nitro Labs, raising $4 million in seed funding piqued my interest. Having witnessed the evolution of Solana and its growing ecosystem, I can’t help but feel a sense of excitement about this development.
As an analyst, I’m excited to announce that I’ve been part of the team behind Termina, the SVM-as-a-Service platform by Nitro Labs. We recently secured a $4 million seed funding round, spearheaded by Lemniscap. Understanding the scarcity of SVM infrastructure solutions in the market, our mission was to construct Termina with a primary focus on scaling the SVM and enabling developers to build customizable Solana-centric networks that prioritize performance and privacy. Currently, more than 20 ecosystem partners are collaborating with us on this venture, encompassing both native Solana projects and cross-chain initiatives. This partnership enables developers to swiftly and effectively deploy and manage tailor-made SVM networks.
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2024-10-30 22:31