TechFlow News — Orbs, a blockchain infrastructure developer, is raising $10 million from venture capital firm DWF Labs. Orbs stated that DWF Labs will purchase up to $10 million worth of Orbs Tokens. Orbs CEO Nadav Shemesh said the first tranche of the total investment settled today, adding that the remainder of the investment will be calculated "at an average price."
Founded in 2017, Orbs plans to continue developing its infrastructure to boost adoption across EVM chains and TON. According to cryptocurrency data platform RootData,Orbs has already deployed on networks including BNB Chain, Avalanche, and Fantom.Source link




