RedStone completes a $7 million funding round
Join Our Telegram channel to stay up to date on breaking news coverage Popular blockchain startup, RedStone , has raised $7 million in its latest seed funding round. The blockchain firm announced the development in a press release on Tuesday. The funding round was led by Lemniscap. Other participants in the round include Blockchain Capital, Coinbase Ventures, Distributed Global, Lattice Fund, Arweave, KR1 plc, Bering Waters, Maven11, SevenX, Folius Ventures, Numerous, The Graph, 4SV, Permanent Ventures, and Compute Ventures. Redstone runs as a next-generation cross-chain data oracle that provides pricing data for financial protocols . The Founder of Redstone, Jakub Wojciechowski, has reacted to the development. According to him, “today’s announcement represents yet another strong seal of approval for our unique value proposition from some of the most reputable and renowned investors in the blockchain and DeFi sector.” He added that the company intends to use the funds to bro