TechFlow news, according to Coindesk, the Pyth Data Association, a Swiss nonprofit organization focused on Pyth Network development, has announced the completion of a strategic funding round with participation from Castle Island Ventures, Multicoin Capital, Wintermute Ventures, and others.
The new partners have received PYTH tokens, which will serve as voting rights within the protocol's governance system. The Pyth Data Association stated that this funding round will expand the Pyth community, attract new stakeholders, and advance the development of decentralized capital markets.
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