TechFlow reported that Gradient Network, an open layer for edge computing in the Solana ecosystem, announced on X its completion of a new funding round. The round was backed by Pantera Capital, Multicoin Capital, Sequoia Capital, among others. Specific figures regarding the funding amount and valuation have not been disclosed.
The newly raised funds will be used to advance its decentralized protocol and develop solutions for converting computational power and staking within blockchain networks.
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