The Shared Security Universal Protocol IMUA has completed a $5 million seed round financing, with lead investment from Draper Dragon.

BlockBeats News, February 25th, According to official sources, the shared security universal protocol IMUA announced the completion of a $5 million seed round financing, with Draper Dragon, No Limit Holdings, Paramita Capital leading the round, and participation from Reforge Capital, Caladan Capital, Tané Labs, Syntax Capital, MH Ventures, 57 Blocks, Lecca Ventures, and others.

IMUA is reportedly an L1 blockchain specifically built for shared security, aggregating on-chain decentralized security from top blockchains and extending it as a service to the off-chain world, including artificial intelligence, gaming, crypto networks, traditional finance, and other fields.

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