TechFlow, Boba Network has secured $45 million in Series A funding, with participation from major cryptocurrency exchanges Huobi, Crypto.com, and BitMart. In addition to alleviating Ethereum's transaction load, Boba is integrating off-chain machine learning into smart contracts powering DeFi. Boba Network stated that this initial round values the company at $1.5 billion. The funding was completed through the sale of Boba Network's native token (BOBA). Proceeds will be used to expand its team and attract more developers to its platform.
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