TechFlow news — Fabric Cryptography, a cryptocurrency hardware manufacturer, announced the completion of a $6 million Pre-Seed funding round led by Metaplanet, with participation from Nil Foundation, Inflection, Novawulf, and Era.
Michael Gao, co-founder and CEO of Fabric Cryptography, declined to disclose valuation details for this round but revealed that the chip currently under development has already secured a $50 million order and signed letters of intent totaling approximately $100 million with potential buyers.
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