TechFlow reported on October 17 that Hyve, a blockchain data availability (DA) project secured by Symbiotic, has raised $1.85 million in seed funding led by Lemniscap, with participation from Paper Ventures, Frachtis, and others.
Hyve is a blockchain data availability (DA) provider secured by the restaking protocol Symbiotic. Its flagship solution, HyveDA, is a fully permissionless data availability layer offering 1 GB/s throughput from day one, aiming to significantly scale up to over 50 GB/s as the network grows.
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