Consensys Completes Strategic Investment in Web3 Infrastructure Provider Entangle By Chainwire

From Investing.com:

Web3 infrastructure provider Entangle secures strategic investment from Consensys, totaling $4M funding. Recent private round attracted VCs like Big Brain Holdings and Launch Code Capital. Consensys’ investment supports Entangle’s omnichain messaging and liquidity infrastructure development. Entangle’s Liquid Vaults to be integrated into Linea protocols, enhancing DEX liquidity and user experience. Entangle mainnet set to launch in April after successful testnet with 250,000 users. Liquid Vaults to enable novel DeFi strategies through Composable Derivatives Tokens. $NGL token launched on major exchanges with $57M volume in first 24 hours. Entangle connects 16 blockchains and 42 dapps for omnichain data delivery.

Source: https://chainwire.org/2024/03/22/consensys-completes-strategic-investment-in-web3-infrastructure-provider-entangle/



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