From Investing.com: 2024-06-11 08:47:06

Ava Protocol secures $10 million in seed funding to expand operations and technology stack. Notable backers include Electric Capital and Polygon founder Sandeep Nailwal. The funds will support development of EigenLayer AVS for private autonomous transactions across blockchain networks. Testnet currently has over 10,000 unique wallets conducting automated transactions daily.

Ava Protocol employs unique technical model automating transactions across blockchain networks. Testnet has over 10,000 unique wallets conducting daily transactions. Funds will support development of EigenLayer AVS for private autonomous transactions. Backers include Electric Capital and Polygon founder Sandeep Nailwal.

Ava Protocol raises $10 million to develop intent-based private autonomous transactions across blockchain networks. Over 30 ecosystem partners committed to developing dapps using Ava Protocol’s private payment technology. Partnerships with Polkadot, Moonbeam, and Astar in place to support decentralized applications. Super-transactions automate transactions on Ethereum without custom code requirement.

Read more at Investing.com: Ava Protocol lands $10M funding to develop ‘super transactions’ By Investing.com