Pyth Network developers complete new round of financing with participation from Castle Island Ventures, among others.

According to BlockBeats news on December 5th, Pyth Data Association, a non-profit organization focused on the development of Pyth Network, a decentralized oracle project, has completed a new round of financing with participation from Castle Island Ventures, Multicoin Capital, Wintermute Ventures, Borderless Capital, CMT Digital, Bodhi Ventures, Distributed Global and Delphi Digital. Michael Cahill, CEO of Pyth developer Duoro Labs and director of Pyth Data Association, stated that the new partners have all received PYTH token allocations.