TechFlow News — Lit Protocol, a cryptographic network, has raised $13 million in Series A funding led by 1kx, with participation from 6thMan Ventures, A Capital, Eniac Ventures, Figment, Filecoin, LAO, Lattice Capital, OpenSea Ventures, Slow Ventures, Spaceship, Valhalla Ventures, Village Global, and Visary Capital. The funds will be used to hire developers to build decentralized ownership and cross-protocol interoperability.
Lit Protocol aims to empower individuals within the Web3 ecosystem by providing users with private keys that enable interoperability across DeFi, DAOs, and NFTs on Ethereum Virtual Machine (EVM), Cosmos, and Solana. Original link




