TechFlow news — Kadena (KDA), a public blockchain project founded by former JPMorgan executives, has announced the first round of nine recipients from its "$100 million grant program" targeting the DeFi, NFT, and Web3 sectors. The selected projects include decentralized network Crankk, zero-knowledge (ZK) technology firm Electron Labs, infrastructure solutions provider Eucalyptus Labs, brand tokenization solution The Database of Native Assets (DNA), DeFi infrastructure Hypercent, lending protocol Kalend Finance, IDO platform along with DEX and NFT marketplace KDLaunch & KDSwap, DeFi infrastructure Lago Finance, and cross-chain data infrastructure Unmarshal.
Kadena was co-founded in 2017 by Will Martino and Stuart Popejoy. It features a proprietary multi-chain architecture that combines blockchain functionality with internet-scale accessibility, making its tools available to everyone and lowering barriers for creators. The "100 Million Dollar Grant Program" was initially announced in April. Original link
