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TechFlow News — On November 7, according to Coindesk, Layer-1 blockchain Cytonic announced an $8.3 million seed funding round co-led by Lemniscap and Lattice.
Cytonic blockchain, developed by MultiVM Labs, is the first Layer-1 to run multiple VMs within the same network layer using shared storage, aiming to solve blockchain compatibility challenges and designed to be compatible with most blockchains such as Bitcoin, Ethereum, and Solana.
According to Coindesk, Layer-1 blockchain Cytonic has announced the completion of an $8.3 million seed funding round co-led by Lemniscap and Lattice. Developed by MultiVM Labs, the Cytonic blockchain is the first Layer-1 to run multiple VMs within the same network layer using shared storage, aiming to solve blockchain compatibility challenges and compatible with most blockchains such as Bitcoin, Ethereum, and Solana.
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