Cryptocurrency infrastructure developer Orbs plans to raise $10 million from DWF Labs
ChainCatcher news, the crypto infrastructure developer Orbs plans to raise $10 million from venture capital firm DWF Labs. Orbs stated that DWF Labs will purchase up to $10 million worth of Orbs Tokens. Orbs CEO Nadav Shemesh mentioned that the first part of the total investment was settled today. He added that the remaining investment will be "calculated at an average price."
It is reported that Orbs was founded in 2017 and plans to continue developing its infrastructure to increase adoption on EVM chains and TON. According to the crypto data platform RootData, Orbs has been deployed on networks such as BNB Chain, Avalanche, and Fantom to date. (Source link)
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