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MegaLabs, Behind the 'Real-Time' Blockchain, Raises $20M, Led By Dragonfly

MegaLabs, the main developer firm behind a new Ethereum scaling protocol designed to be so fast it's considered "real-time," announced Thursday that it has raised $20 million in a seed round led by Dragonfly Capital.The round also saw participation from Figment Capital, Folius Ventures, Robot Ventures, Big Brain Holding, Tangent and Credibly Neutral, and included angel investors such as the co-founder of Ethereum Vitalik Buterin, CEO of Consensys Joseph Lubin, creator of EigenLayer Sreeram Kanna...

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