Kroma Secures Series A Funding from Prominent Investors
Summary
Seoul, Korea, Sept. 02, 2024 (GLOBE NEWSWIRE) -- , a prominent Layer 2 blockchain solution provider, has successfully completed its Series A funding round and publicly announced the participation of a diverse group of investors. Built on the OP Stack, Kroma is the first Ethereum Layer 2 solution to implement zk fault proofs, creating a permissionless network for validators. With over 81 partners, including SK Planet, Xangle, and Hexlant, Kroma is expanding its impact across gaming, DeFi, NFTs, and beyond, contributing essential technology to the community.Kroma has recently completed a significant shift in its shareholding structure, transitioning from a subsidiary of Wemade to hosting a broader base of shareholders and partners centered around the founders and management. We look forward to leveraging this funding to enhance our Layer 2 solutions, ensuring we continue to deliver efficient and secure blockchain services.strategic direction and technological innovations have garnered significant attention from the investment community. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.