Key Points:
As reported by Chainwire, has sent ripples of excitement through the crypto community.
Prominent investors, including SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ, actively participated in the funding, reaffirming the growing interest and confidence in Superblock’s groundbreaking technology.
Earlier this year, in February, Superblock had already announced a triumphant Series A funding round, amassing a substantial 9 billion won (approximately US$7.22 million) in investments. Notably, major Korean companies, venture capital funds, and industry giants such as SK, Netmarble, DSC Investment, E&INVESTMENT, and Schmidt were among the backers who recognized the immense potential of Superblock and its innovative protocols.
Superblock’s inception in 2021 laid the foundation for the development of Over Protocol, a powerful L1 blockchain solution that offers lightweight full nodes. This unique and game-changing feature enables seamless and efficient interactions within the blockchain, significantly reducing the resource-intensive requirements often associated with traditional blockchain nodes.
The successful fundraising efforts further solidify Superblock’s position as a frontrunner in the blockchain arena, earning recognition for their groundbreaking advancements. The significant financial backing not only demonstrates the belief in Superblock’s vision but also provides them with the necessary resources to drive the adoption and development of Over Protocol to new heights.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Cosmos Developer Interchain Foundation sold 3000 ETH from its ICO today, totaling 21,600 ETH sold…
George Town, Grand Cayman, 22nd November 2024, Chainwire
Inflation Warning by Vanguard highlights risks during Trump’s term, citing tariffs and tighter labor markets…
Clanker token trading volume hit $59.8M on Nov 21, accounting for 14.75% of PumpFun. Fee…
Bitcoin Spot ETF inflows hit $1.005B on Nov 21, led by BlackRock’s $608M and Fidelity’s…
Discover the success story of a New York tech entrepreneur who made $72M from a…
This website uses cookies.