The Ethereum infrastructure team Delegate Labs has completed a $9 million seed round financing, with participation from Electric Capital and others

ChainCatcher news, according to Fortune magazine, the team behind the security protocol Delegate, Delegate Labs, has completed a $9 million seed round financing, with participation from Electric Capital, Arca, Variant, and Arrington Capital. This round of financing will be used to fund the Web3 domain protocol Clusters.

In previous news, Delegate launched a multi-chain domain service Clusters in collaboration with the cross-chain interoperability protocol LayerZero. Clusters aims to address issues such as address fragmentation, wallet management complexity, and domain squatting.