Modular blockchain Astria completes $5.5 million seed round financing, led by Maven 11.
BlockBeats News, on April 5th, modular blockchain Astria completed a $5.5 million seed round of financing, led by Maven 11 with participation from 1kx, Delphi Capital, and Figment Capital. The funds from this round will be used to develop its shared Sequencer network.
The Sequencer is responsible for coordinating transactions on the Layer2 rollup, and Astria aims to enable anyone to deploy their own censorship-resistant rollup without relying on a centralized Sequencer.