Ethereum-project Connext Received $12 Million From 82 Investors

Focused on blockchain interoperability, Connext received $12 million from 1kx and ConsenSys-affiliated Mesh.

According to The Block, funding was provided by 82 investors, including Coinbase Ventures, OkEx Ventures, eGirl Capital, Hashed, and various business angels, including André Cronier from yEarn.Finance and Sandeep Nailwal from Polygon.

The money will be used to develop the Connext ecosystem and integrate it with other Ethereum-compatible networks.

In addition, Connext will increase the number of “routers” and liquidity providers.

According to representatives of the project, Connext already has 40,000 unique users and concluded deals worth $40 million.

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