Nillion raises over $20 million to build new web3 infrastructure

12/12 13:16

According to TechCrunch, Nillion, a web3 startup aiming to build a non-blockchain decentralized network, closed an oversubscribed round of more than $20 million. The round was led by Distributed Global. Other investors include AU21, Big Brain Holdings, Chapter One, GSR, HashKey, OP Crypto and SALT Fund. The startup aims to provide a new internet infrastructure for securing storage and data computation. The capital will be put toward building technology on the network and hiring engineering talent.
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